December 20, 2013
CFTC Staff Issues Time-Limited No-Action Letter on the Applicability of Oral Recording Requirements for Certain Members of Swap Execution Facilities
Washington, DC —The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight and the Division of Market Oversight (Divisions) today issued a time-limited no-action letter that provides relief to commodity trading advisors that are members of swap execution facilities. The relief covers the oral recording requirement set forth in Commission Regulation 1.35(a).
The letter issued today by the Divisions will expire on May 1, 2014.
Last Updated: December 20, 2013