Corporate & Financial Weekly Digest

Corporate & Financial Weekly Digest

Tag Archives: DMO

CFTC Releases Rule Enforcement Review of the Chicago Board of Trade, Chicago Mercantile Exchange, Commodity Exchange, Inc. and New York Mercantile Exchange, Inc.

Posted in CFTC
On December 4, the Commodity Futures Trading Commission released a report of the results of its Division of Market Oversight’s (Division) Rule Enforcement Review of the Chicago Board of Trade, Chicago Mercantile Exchange, Commodity Exchange, Inc. and New York Mercantile Exchange, Inc. (collectively the CME Group).… Continue Reading

CFTC Provides Additional Time for Annual SEF Reports

Posted in CFTC
The Commodity Futures Trading Commission’s Division of Market Oversight (DMO) has issued relief to allow swap execution facilities (SEFs) an additional 30 days to prepare and submit their annual compliance reports and financial reports for the fourth quarter. As background, CFTC regulations require each SEF to file a financial report within 60 days after the… Continue Reading

CFTC’s Division of Market Oversight Issues No-Action Letter Providing Reporting Parties With Additional Relief From OCR Final Rule Reporting Obligations

Posted in CFTC
On September 25, the Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) issued Staff Letter No. 17-45 (Staff Letter), which both extends current relief, and provides additional relief, to reporting parties that must comply with the reporting obligations required by the ownership and control reports (OCR) final rule (OCR Final Rule). DMO is… Continue Reading

CFTC Staff Extends Time-Limited Swap Data Reporting Relief for Certain Foreign Swap Dealers and Major Swap Participants

Posted in CFTC, Derivatives
On November 21, the Commodity Futures Trading Commission Division of Market Oversight extended time-limited relief for certain registered swap dealers (SDs) and major swap participants (MSPs) from the swap data reporting rules set forth in Part 45 and Part 46 of the CFTC’s regulations. The relief is available to non-US SDs and non-US MSPs established… Continue Reading

CFTC Extends Time-Limited No-Action Relief From the Clearing and Trade Execution Requirements for Certain Affiliated Counterparties

Posted in CFTC
On November 28, the Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) and Division of Market Oversight (DMO) each extended previously issued no-action relief from clearing and trade execution requirements for certain inter-affiliate transactions. As discussed in the November 20, 2015 edition of the Corporate & Financial Weekly Digest, DMO previously provided time-limited… Continue Reading

CFTC Extends Public Comment Period for ICE Futures U.S. Block Trade Rule Change

Posted in CFTC
The Division of Market Oversight of the Commodity Futures Trading Commission has extended the public comment period with regard to the proposal by ICE Futures U.S. (IFUS) to allow pre-hedging or anticipatory hedging in certain circumstances in connection with block trades reported to IFUS. For further details on IFUS’s proposal, see the Corporate & Financial… Continue Reading

CFTC Issues No-Action Letters and Guidance Regarding the Ownership and Control Final Rule

Posted in CFTC
On April 8, the Division of Market Oversight (DMO) of the Commodity Futures Trading Commission issued two no-action letters providing additional relief with respect to the ownership and control reports final rule (OCR Final Rule), which requires reporting parties to submit trader identification and market participant data electronically on new and updated reporting forms. CFTC… Continue Reading

CFTC Grants Relief for End Users from Trade Option Filing Requirements

Posted in CFTC, Derivatives
The Commodity Futures Trading Commission’s Division of Market Oversight (DMO) has issued CFTC Letter No. 16-10, which provides temporary no-action relief from certain trade option reporting requirements to market participants that are neither swap dealers nor major swap participants (Non-SD/MSPs). CFTC Letter No. 16-10, taken together with CFTC Letter No. 13-08, provide reporting relief to… Continue Reading

Extension of Time-Limited, Conditional No-Action Relief Regarding Masking Certain Reportable Identifying Information

Posted in CFTC, Derivatives, Dodd-Frank Developments
On January 15, the Commodity Futures Trading Commission’s Division of Market Oversight (DMO) issued CFTC letter 16-03 (“Letter”) providing a conditional, time-limited extension of the relief provided in CFTC Letter 13-41, issued on June 28, 2013, regarding the masking of certain identifying information required to be reported in connection with swaps required to be reported… Continue Reading