Housekeeping, Reminders, and Updates December 2015

COMMODITY FUTURES TRADING COMMISSION  Extension of Time-Limited No-Action Relief from Certain Recordkeeping Requirements  On December 8th, the Commodity Futures Trading Commission (“CFTC”) issued a press release regarding the no-action letter issued by the Pision of Swap Dealer and Intermediary Oversight and Pision of Market Oversight (Press Release: PR729-15) . The no-action letter extended the relief relating to records of oral communications, which was originally set forth in CFTC Staff Letter No. 14-147, from 2014. The relief in Letter No. 14-147 was set to expire on December 31, 2015.  The 2014 letter granted no-action relief to commodity trading advisors (“CTAs”) that…

The full article is available to active NIBA members only.

Please login or sign up to read the rest.
Log In Register