December 20, 2013
CFTC Staff Issues Time-Limited No-Action Letter from Certain Entity-Level Internal Business Conduct Requirements for Certain Swap Dealers and Major Swap Participants Established under the Laws of Australia, Canada, the European Union, Japan, and Switzerland
Washington, DC — Today, the Division of Swap Dealer and Intermediary Oversight of the Commodity Futures Trading Commission (CFTC) issued a time-limited no-action letter that provides relief to non-U.S. SDs and non-U.S. MSPs established in Australia, Canada, the European Union, Japan, and Switzerland from compliance with Commission regulations 23.600(c)(2) and 23.608, and, in the case of a non-U.S. SD or non-U.S. MSP established in Switzerland, 23.609.
The letter issued today by the Divisions will expire on March 3, 2014.
Last Updated: December 20, 2013