September 30, 2013

CFTC’s Division of Market Oversight Issues an Amendment to Previously Issued Time-Limited No-Action Relief for Temporarily Registered Swap Execution Facilities from Certain Swap Data Reporting Requirements of Parts 43 and 45 of the Commission’s Regulations (Letter 13-55)

Washington, DC – The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) today issued an amendment to CFTC No-Action Letter No. 13-55 previously issued by the Division on September 27, 2013 (Letter 13-55). Letter 13-55 provides temporarily registered swap execution facilities (SEFs) with relief from certain swap data reporting requirements of Parts 43 and 45 of the Commission’s Regulations with respect to certain swaps in the equity, foreign exchange (FX) and other commodity asset classes executed on, or pursuant to, the rules of a SEF, and subject to conditions specified in the letter. The relief expires no later than 12:01 a.m. eastern time on October 30, 2013 for swaps executed in the FX asset class, and 12:01 a.m. eastern time on December 2, 2013 for swaps executed in the equities and other commodity asset classes.

The amended letter changes three references in the original letter from primary economic terms, or “PET”, data to reference “creation” data.

Last Updated: September 30, 2013