January 13, 2015

CFTC’s Division of Market Oversight Issues Time-Limited Extension of No-Action Relief Regarding Masking of Certain Identifying Information Required to be Reported

Washington, DC — The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) today issued a letter providing a time-limited extension of the relief provided in CFTC Letter 13-41, regarding masking of certain identifying information required to be reported.

CFTC Letter 13-41, issued on June 28, 2013, permits part 45 and part 46 reporting counterparties to mask legal entity identifiers, other enumerated identifiers and other identifying terms, and permits Part 20 reporting entities to mask identifying information in certain enumerated jurisdictions. On June 27, 2014 the Division issued CFTC Letter 14-89, extending the relief provided in CFTC Letter 13-41 until no later than 12:01 a.m. (EST) on January 16, 2015.

The Division is extending the expiration of the relief provided in CFTC Letter 13-41, until the earlier of: the reporting party no longer holding the requisite reasonable belief regarding the privacy law consequences of reporting; or 12:01 a.m. (EST) on January 16, 2016.

The extension of the relief in CFTC Letter 13-41 permits reporting parties who previously met the conditions in CFTC Letter 13-41 to continue fulfilling their reporting obligations while acknowledging privacy, secrecy and blocking laws in certain non-U.S. jurisdictions.

Last Updated: January 13, 2015