CFTC No-Action Relief – New Trade, Old Terms

Yesterday, the CFTC Divisions of Market Oversight and Clearing and Risk (Divisions) issued No-Action Letter 14-121, which extends the time-limited, conditional relief that would have expired today, September 30, 2014 under NAL 14-62 issued on May 1, 2014.  Relief has been extended until February 16, 2015.