CFTC Extends No-Action Relief to DCOs from Daily Reporting Requirements

The CFTC voted to propose amendments to update certain regulations governing derivatives clearing organizations.

The CFTC Division of Clearing and Risk extended temporary no-action relief to derivatives clearing organizations from certain reporting requirements.

The CFTC Division of Clearing and Risk provided temporary no-action relief to derivatives clearing organizations from recently amended daily reporting requirements "on initial margin, variation margin, cash flow, and position information by individual customer account."

The CFTC voted to (i) approve a final rule amending regulations governing derivatives clearing organizations, (ii) propose a prohibition on "post-trade name give-up" at swap execution facilities and (iii) propose new cross-border rules governing registration requirements applicable to swap dealers and major swap participants.