The Commodity Futures Trading Commission’s (“Commission”) Division of Market Oversight and Division of Clearing and Risk (“Divisions”) today issued no-action relief for swaps entered into between affiliates of certain wholly-owned and majority-owned market participants from the requirement to report their intra-group swaps to a registered swap data repository (“SDR”), under parts 45, 46, and regulation 50.50(b) of the Commission’s regulations, subject to several conditions.
Details via press release: http://www.cftc.gov/PressRoom/PressReleases/pr6558-13
