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The no-action letter extends the relief from compliance with certain conditions associated with the receipt of customer funds by an FCM to 31 October 2014.
On 26 June 2014, the CFTC's Division of Swap Dealer and
Intermediary Oversight issued an extension of two previously issued
time-limited, no-action relief actions (CFTC letters 14-02 and
14-45) to the Futures Industry Association, its member Futures
Commission Merchants ("FCMs"), and similarly situated
FCMs. The no-action letter extends the relief from compliance with
certain conditions associated with the receipt of customer funds by
an FCM to 31 October 2014.
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