The CFTC Division of Data renewed previously issued no-action relief from certain reporting and recordkeeping requirements for transactions involving derivatives clearing organizations acting pursuant to either (i) a CFTC exemptive order or (ii) CFTC Division of Clearing and Risk no-action relief.
The CFTC Division of Data, Division of Market Oversight and Division of Clearing and Risk granted conditional no-action relief from certain swap reporting and recordkeeping requirements for fully collateralized binary options transactions executed by KalshiEX LLC, a designated contract market, and cleared by LedgerX, LLC, a derivatives clearing organization.
CFTC Commissioner Dawn D. Stump reviewed the scope of the CFTC's jurisdiction over cash market commodities. She contrasted the agency's limited anti-fraud authority over these commodities to the CFTC's broader authority over commodity futures and derivatives.
The CFTC Market Participants Division and Division of Market Oversight extended through September 30, 2021, COVID-19 related no-action relief to floor brokers from location, registration and real-time market monitoring requirements.
NFA set an effective date of June 30, 2021 for a recently adopted compliance rule and related interpretive notice requiring a CPO to notify NFA upon an event that may affect the ability of its pool to fulfill its obligations to pool participants.