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ARTICLE · 03 FEBRUARY 2017

CFTC Extends No Action Relief

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On November 28 2016 the Commodity Futures Trading Commission (CFTC) extended the relief granted under No-Action Letters 15-62 and 15-63 until December 31 2017.

United StatesFinance and Banking
Donna Parisi
Donna Parisi
Geoffrey Goldman
Geoffrey Goldman
Azam Aziz
Azam Aziz
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On November 28 2016 the Commodity Futures Trading Commission (CFTC) extended the relief granted under No-Action Letters 15-62 and 15-63 until December 31 2017. The extended no-action relief in CFTC Letter 16-80 exempts inter-affiliate swaps from the trade execution requirement under Section 2(h)(8) of the Commodity Exchange Act, subject to certain requirements. In addition,CFTC Letter 16-81 extends temporary relief from the trade execution requirement to certain affiliate counterparties.

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