On February 23, the Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) issued No-Action Letter 18-04, which extends relief previously granted to the Shanghai Clearing House (SHCH) under CFTC No-Action Letter 16-56 (as reported in the June 3, 2016, edition of Corporate and Financial Weekly Digest), and renewed in CFTC No-Action Letters 17-26 and 17-62. CFTC No Action Letter 17-62 expired on February 28.
Continue Reading CFTC Extends No Action Relief for Shanghai Clearing House

On May 31, the Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) issued a no-action letter stating it would not recommend the CFTC take enforcement actions against the Shanghai Clearing House (SHCH) for failure to register as a derivatives clearing organization.
Continue Reading CFTC Issues No-Action Letter for Shanghai Clearing House