Release Number 7148-15

March 31, 2015

CFTC Staff Issues No-Action Relief for Swap Dealers from Compliance with Certain Commission Regulations Applicable to Swaps with Legacy Special Purpose Vehicles

Washington, DC — The U.S. Commodity Futures Trading Commission’s (Commission) Division of Swap Dealer and Intermediary Oversight today announced that it is providing no-action relief, subject to specified conditions, to provisionally registered swap dealers from compliance with certain Commission regulations.

The relief is provided to swap dealers from compliance with certain Commission regulations related to business conduct standards with counterparties and swap trading relationship documentation when entering into swaps with certain special purpose vehicles in existence prior to October 10, 2013.



Last Updated: March 31, 2015