May 1, 2013

CFTC’s Division of Swap Dealer and Intermediary Oversight Issues No-Action Letter Regarding the Obligation of Swap Dealers and Major Swap Participants to Provide Certain Disclosures for Certain Transactions Under Regulation 23.431

Washington, DC – The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter that provides swap dealers and major swap participants with relief from certain disclosure requirements prescribed under Commission Regulation 23.431.

The relief provided in the no-action letter is applicable to certain transactions in foreign exchange swaps and foreign exchange forwards.

The relief provided in the no-action letter is applicable to all swap dealers, subject to the conditions and limitations set forth in the letter.

Last Updated: May 1, 2013