Exemptive, No-Action, & Interpretative Letters for CFTC.gov.

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Exemptive, No-Action, & Interpretative Letters for CFTC.gov.

The following letter has been added:



12-74; Section 5b(c)(2)(H) of the CEA, Regulation 39.17(a); No-Action; November 30, 2012
The no-action letter provides an extension of previously-granted no-action relief to a derivatives clearing organization (DCO) that is dually registered as a securities clearing agency for failure to enforce certain of its clearing member requirements. Under this relief, the DCO may waive the applicability of certain of its bylaws and rules to facilitate a transaction involving the transfer, assignment and assumption of the securities correspondent clearing business of one clearing member to another.

13-01; Section 2(h) of the CEA; No-Action; March 18, 2013
No-Action Relief from Required Clearing for Swaps Resulting from Multilateral Portfolio Compression Exercises
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