CFTC's DMO Provides Time-Limited No-Action Relief to Australian-Based Trading Platform Yieldbroker Pty Limited (CFTC Letter 13-59)
The CFTC's Division of Market Oversight ("DMO") issued a no-action letter providing time-limited relief for Australian-based trading platform Yieldbroker Pty Limited ("Yieldbroker"). The relief is intended to allow the CFTC and Yieldbroker time to negotiate an alternative compliance arrangement whereby Yieldbroker would continue to be regulated primarily in Australia.
See: CFTC Letter 13-59.