CFTC Extends No-Action Relief to Swap Dealers and Major Swap Participants from Compliance with Reporting Obligations

On June 15, CFTC Division of Market Oversight published a letter extending the time-limited relief provided by previously issued no-action letter 14-90, expiring on June 30, 2015, to  June 30, 2016.  The relief applies to the obligation of Swap Dealers and Major Swap Participants to report valuation data for cleared swaps pursuant to section 45.4(b)(2)(ii) of CFTC’s regulations.  Press ReleaseStaff Letter.