CFTC Extends Time-Limited No-Action Relief to Clearing Company and Its U.S. Clearing Members

The CFTC extended the no-action relief granted in CFTC Letter 14-156 to Eurex Clearing and its U.S. clearing members ("Eurex"). The purpose of the extension is to allow the CFTC to review Eurex's application for registration.

This extension will expire at the earlier of the date on which the clearing company becomes registered as a derivatives clearing organization with respect to its IRS clearing business or on January 31, 2016. The no-action relief is subject to several of the conditions that are outlined in the letter.