Title: 16-84


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Description

No-action letter permitting a provision of the inter-affiliate exemption from required clearing (Commission regulation 50.52(b)(4)(ii)) to be relied upon for swaps executed between certain U.S. swap market participants and their affiliated counterparties located in Australia or Mexico, analogous to how this provision has been available for swaps with affiliated counterparties located in the European Union, Japan, and Singapore.