On February 6, 2017, the Division of Market Oversight ("DMO") of the Commodity Futures Trading Commission ("CFTC") issued a time limited no-action letter (the "No-Action Letter") granting relief from the notice-filing requirements set forth in CFTC Rule 150.4(c), which was adopted as part of the amended aggregation requirements under Part 150 of the CFTC Rules published in the Federal Register on December 16, 2016. The No-Action Letter granted relief for market participants from the rule requiring that a notice be filed with the CFTC by such participants when they are seeking certain exemptions from the aggregation requirements under the position limit rules. Such relief was granted by the DMO for a period of six months.
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