In extending the no-action relief granted in CFTC Letter 13-73, the Division of Clearing and Risk (“Division”) will not recommend that the Commission take enforcement action against (i) Japan Securities Clearing Corporation (“JSCC”) for failure to register as a derivatives clearing organization (“DCO”) pursuant to the requirements of Section 5b(a) of the Commodity Exchange Act (“CEA”), or (ii) any qualified clearing participant of JSCC, or a parent or affiliate of such clearing participant, for failure to clear a Japanese yen-denominated interest rate swap that is required to be cleared und

Subject to specific conditions, the Division of Swap Dealer and Intermediary Oversight granted the operators of issuers of insurance-linked securities no-action relief, such that an operator may be exempt from registration as a commodity pool operator pursuant to Regulation 4.13(a)(3) with respect to insurance-linked securities transactions in which an issuer engages.

Extension of time-limited no-action relief for OTC Clearing Hong Kong Limited with regard to Section 5b(a) of the Commodity Exchange Act and implementing regulations thereunder.

Extension of time-limited no-action relief for Korea Exchange, Inc. with regard to Section 5b(a) of the Commodity Exchange Act and implementing regulations thereunder.

Time-Limited No-Action Relief with respect to Swaps Trading on Certain Multilateral Trading Facilities Overseen by Competent Authorities Designated by European Union Member States

Extension of time-limited no-action relief for Clearing Corporation of India Ltd. with regard to Section 5b(a) of the Commodity Exchange Act and implementing regulations thereunder.

Extension of time-limited no-action relief for ASX Clear (Futures) Pty Limited with regard to Section 5b(a) of the Commodity Exchange Act and implementing regulations thereunder.

Extension of conditional time-limited no-action relief for Yieldbroker Pty Limited with regard to Section 5h(a)(1) of the Commodity Exchange Act and Commission Regulation 37.3(a)(1) until February 15, 2015.

The Division previously provided no-action relief for certain swaps required to be traded on a swap execution facility (SEF) or designated contract market (DCM) to the extent that those swaps were part of a package transaction. The Division has determined that further relief is appropriate to enable market participants to fully comply with the trade execution requirement with respect to swap components of certain categories of package transactions.

Exemption from requirement that a pool’s financial statement be audited by independent public accountants.