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ARTICLE · 01 MARCH 2016

US Commodity Futures Trading Commission Oversight Extends No-Action Relief Regarding Masking Certain Reportable Identifying Information

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On January 15, 2016, the CFTC's Division of Market Oversight extended no action relief originally provided in CFTC Letter 13-41, which was issued on June 28, 2013.

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On January 15, 2016, the CFTC's Division of Market Oversight extended no action relief originally provided in CFTC Letter 13-41, which was issued on June 28, 2013. CFTC Letter 13-41 permits Part 45 and Part 46 reporting counterparties to mask legal entity identifiers, and certain other enumerated identifiers and identifying terms, and permits Part 20 reporting entities to mask identifying information, in required reports in light of privacy, secrecy and blocking laws in certain jurisdictions. The CFTC previously extended this relief through CFTC Letter 15-01, and is now further extending relief, subject to certain conditions, until the earlier of March 1, 2017 and the date that the reporting party no longer holds the requisite reasonable belief that privacy law bars reporting.

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