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On October 14, the U.S. Commodity Futures Trading Commission's Division of Market Oversight announced further extension of the time-limited no action relief for swaps executed as part of a package transaction in the categories currently receiving relief under CFTC Letter No. 14-137.
On October 14, the U.S. Commodity Futures Trading
Commission's ("CFTC")
Division of Market Oversight (the
"Division") announced further extension
of the time-limited no action relief for swaps executed as part of
a package transaction in the categories currently receiving relief
under CFTC Letter No. 14-137. The extension of
time-limited relief is meant to enable the Division to continue to
assess the appropriate response for applying the trade
execution requirement to swaps in certain package
transactions. Press Release.
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