CFTC Approves Amendment to Trade Options Exemption. In 2013, CFTC Staff issued No-Action Letter 13-08 refining the list of rules applicable to trade options in CFTC Rule 32.3(c). CFTC Approves Amendment to Trade Options Exemption Add Bookmark. CFTC Approves Final Rule to Amend the Trade Option Exemption, CFTC Mar. 16, 2016.
CFTC approves commodity options final rule, establishing. In an effort to ease the burden of commercial end users, in April 2015, the CFTC issued a proposal to reduce the reporting and recordkeeping requirements applicable to trade option counterparties that are non-SD/MSPs ("TO Proposal"). CFTC approves commodity options final rule, establishing trade option exemption Derivatives Alert Energy Alert Financial Services Alert. Share this
CFTC Proposes Relief from Trade Option. - Morrison Foerster However, if such conditions are satisfied, the Amendment eliminates the reporting and recordkeeping requirements for End Users that are parties to the Trade Option discussed above. May 6, 2015. Register proposed amendments to the trade option exemption the “Proposal” that would. Under current CFTC rules that the Proposal would.
PLC - Summary of the Dodd-Frank Act Swaps and Derivatives The Commission may, by order, upon written request or upon its own motion, exempt any person, either unconditionally or on a temporary or other conditional basis, from any provisions of this part, and the provisions of the Act, including any Commission rule, regulation, or order thereunder, otherwise applicable to any other swap, other than § 32.4, part 180 (Prohibition Against Manipulation), and § 23.410 (Prohibition on Fraud, Manipulation, and other Abusive Practices) of this chapter, and the antifraud, anti-manipulation, and enforcement provisions of sections 2, 4b, 4c, 4o, 4s(h)(1)(A), 4s(h)(4)(A), 6, 6c, 6d, 9, and 13 of the Act, if it finds, in its discretion, that it would not be contrary to the public interest to grant such exemption. Proposed CFTC Regulatory Capital Rules for Swap Dealers and MSPs. While the CFTC has clarified that most commodity options are swaps subject to.
CFTC Extends Trade Option Reporting Deadline. - Latham & Watkins The final rule expands upon the relief provided in the CFTC’s 2013 no-action letter by eliminating altogether the requirement for commercial end-users to report trade options, whether on Form TO or pursuant to Part 45. Feb 23, 2016. amendments to trade option reporting rules. On February 18, 2016, the US Commodity Futures Trading Commission's the CFTC Division of.
American Public Power Association - Commodity Futures Trading. This publication is provided for your convenience and does not constitute legal advice. APPA, EEI, EPSA, and NRECA submit comments on the CFTC's interim final rule on trade options. 6/26/2012. "Applicants" APPA, NRECA, LPPC, TAPS and.
CFR 32.3 - Trade options. US Law LII / Legal Information Institute Further, the CFTC’s press release related to the Amendment (though not the Amendment itself or adopting release) expresses its view that an End User is not required to report its otherwise unreported calendar year 2015 Trade Options on Form TO. A Subject to paragraphs b, c, and d of this section, the provisions of the Act, including any Commission rule, regulation, or order thereunder, otherwise.