International Financial Law Review Article on Impact of CFTC No-Action Relief for Swaps Trading on MTFs

Linked below is an article published in the International Financial Law Review ("IFLR") that was authored by Robert Dilworth and discusses the CFTC's extension of the U.S. regulatory relief granted to EU multilateral trading facilities ("MTFs") and its announcement of imminent modifications to the CFTC-proposed regime for Qualifying MTFs. The article analyzes what this latest no-action letter means for swap execution on organized facilities.

To read the full article, see "CFTC Extends Proposed Relief for EU MTFs," by Robert Dilworth. This article was used with the permission of the International Financial Law Review (www.IFLR.com); all rights reserved.

Related news:CFTC Issues No-Action Relief for Swaps Trading on Multilateral Trading Facilities Overseen by Competent Authorities Designated by EU Member States (CFTC Letter 14-31) (March 21, 2014); CFTC Releases Joint Statement with EC and Two No-Action Letters for European Exchanges (CFTC Letters 14-15 and 14-16) (with Lofchie Comment) (February 12, 2014); CFTC No-Action Letter (14-01) on Application of Transaction-Level Requirements to Non-U.S. Swap Dealers (with Lofchie Comment) (January 3, 2014); CFTC Issues Advisory on Applicability of Transaction-Level Requirements in Certain Cross-Border Situations (CFTC Letter 13-69) (with Lofchie Comment) (November 14, 2013).