On January 8, the Division of Clearing and Risk (Division) of the Commodity Futures Trading Commission issued no-action relief from the swap clearing requirements of Section 2(h)(1)(A) of the Commodity Exchange Act to certain bank holding companies (BCHs), savings and loan holding companies (SLHCs), and Community Development Financial Institutions (CDFIs).
Continue Reading CFTC Issues No-Action Relief From the Swap Clearing Requirements for Small Bank Holding Companies, Small Savings and Loan Holding Companies, and Certain Community Development Financial Institutions