The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) today further extended the time-limited no-action relief for swaps executed as part of a package transaction in the categories, described below, that currently receive relief under CFTC Letter 15-55. This extension, announced in CFTC Letter 16-76, will enable the Division to continue assessing the appropriate response for applying the trade execution requirement to swaps in certain types of package transactions.
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