CFTC Issues No-Action Relief to Yieldbroker Pty Limited (CFTC Letter 13-76)

The CFTC Division of Market Oversight issued a no-action letter providing conditional time-limited relief to Australian-based trading platform Yieldbroker Pty Limited from failure to register as a swap execution facility ("SEF") under CEA Section 5h(a)(1) or CFTC Rule 37.3(a)(1) for a period expiring on the earlier of May 15, 2014, or when Yieldbroker achieves SEF registration status. This no-action letter supersedes all terms and conditions of CFTC Letter 13-67, which was issued to Yieldbroker on October 30, 2013.

See: CFTC Letter 13-76. Related news: CFTC Extends Time-Limited No-Action Relief to Yieldbroker Pty Limited (CFTC Letter 13-67) (October 31, 2013); CFTC's DMO Provides Time-Limited No-Action Relief to Australian-Based Trading Platform Yieldbroker Pty Limited (CFTC Letter 13-59) (September 30, 2013).