CFTC Staff Letters
CFTC Staff Letters provides Letters from 2008 and later. For Letters published before 2008 visit the Letters Archive page.
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Letter Type: Advisories Division: DSIO Regulation Parts: 4d, 4d(f), 1.11, 1.20, 1.32, 1.55, 22.2, 22.5 Tags: FCM, Segregation, Virtual Currency Issuance Date: Description: DSIO advisory to FCMs regarding accepting and holding customer virtual currency assets in segregation and guidance on practices to consider in developing and maintaining their risk management programs when holding such assets as customer funds. |
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Letter Type: No-Action Division: DMO Regulation Parts: 43.3 Tags: Cleared Swaps, Reporting, LIBOR, Part 43, SOFR Issuance Date: Description: Relief from the Part 43 public reporting requirements for relevant swaps related to the CME Inc SOFR discounting transition auction |
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Letter Type: No-Action Division: DMO Regulation Parts: 43.3 Tags: Cleared Swaps, Reporting, LIBOR, Part 43, SOFR Issuance Date: Description: Relief from the Part 43 public reporting requirements for relevant swaps related to the LCH Limited SOFR discounting transition auction |
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Letter Type: No-Action Division: DMO Regulation Parts: 2(h)(8), 5(d)(9), 37.3, 37.9 Tags: SEF, Trade Execution Requirement, Package Transactions Issuance Date: Description: Extension of No-Action Relief from Sections 2(h)(8) and 5(d)(9) of the Commodity Exchange Act and from Commission Regulations 37.3(a)(2) and 37.9 for Swaps Executed as Part of Certain Package Transactions. |
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Letter Type: No-Action Division: DMO Regulation Parts: 17, 18, 20 Tags: Reporting, Ownership and Control, Part 17, Part 18, Part 20 Issuance Date: Description: Extension of conditional time-limited no-action relief from filing certain infromation for ownership and control reports required by Parts 17, 18, and 20 of the Commission’s regulations |
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Letter Type: No-Action Division: DMO Regulation Parts: 37.3 Tags: SEF, Reinstatement Requirements Issuance Date: Description: No-Action Relief from Swap Execution Facility Reinstatement Requirements under Commission Regulation 37.3(d) |
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Letter Type: No-Action, Advisories Division: DCR Regulation Parts: 1.56, 39.13 Tags: Initial margin, DCO, Disclosure, FCM, Margin, Guarantees Against Loss, Risk Management Issuance Date: Description: DCR DSIO Issue Supplemental Advisory Grant of No-Action Relief from 1.56 and 39.13(g)(8)(iii) |
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Letter Type: No-Action Division: DSIO Regulation Parts: 1.17 Tags: FCM, Minimum financial requirements Issuance Date: Description: Staff no-action position regarding the treatment of a deferred tax liability under Regulation 1.17 which is directly related to intangible assets booked as a result of an acquisition. |
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Letter Type: No-Action Division: DMO, DSIO Regulation Parts: 5(d)(4), 5(d)(10), 1, 5, 23, 37 Tags: FCM, IB, SD, SEF, Swap Dealer, Floor broker, RFED, COVID-19 Issuance Date: Description: This no-action letter extends until January 15, 2021, the relief previously provided by CFTC Staff Letter 20-19, which, in turn, extended the time period for certain no-action relief provided in CFTC Staff Letters 20-02, 20-03, 20-04, 20-05, 20-06, 20-07, and 20-09, each issued on March 17, 2020 (the ""COVID-19 Letters""). |
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Letter Type: No-Action Division: DCR Regulation Parts: 2(h)(1), 2(h)(7), 50, 50.2, 50.4, 50.50, 50.51 Tags: Clearing, Clearing Requirement, Exception, End-user, LIBOR, IBOR, Legacy Swaps Issuance Date: Description: DCR is providing time-limited relief from the swap clearing requirement and related exceptions and exemptions. This relief is to help facilitate the orderly transition from swaps that reference the London Interbank Offered Rate (LIBOR) and other interbank offered rates to swaps that reference alternative benchmarks. |