CFTC’s Division of Swap Dealer and Intermediary Oversight Is

by **admin** » Wed Dec 19, 2012 6:09 am

CFTC’s Division of Swap Dealer and Intermediary Oversight Issues No-Action Letter on the Obligation of Swap Dealers and Major Swap Participants to Provide the Pre-Trade Mid-Market Mark for Certain Credit Default Swaps and Interest Rate Swaps
12/18/2012 11:30 AM EST

The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter that provides swap dealers and major swap participants with relief from the requirement to disclose the pre-trade mid-market mark to counterparties in certain credit default swaps and interest rate swaps that are identified in the no-action letter (Covered Derivative Transactions).
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