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CFTC Staff Issues Extension Of No-Action Relief To Southwest Power Pool

Date 22/08/2014

The U.S. Commodity Futures Trading Commission’s (CFTC or Commission) Divisions of Clearing and Risk, Market Oversight, and Swap Dealer and Intermediary Oversight (Divisions) today issued a no-action letter to Southwest Power Pool that extends, for a limited period of time, the relief previously granted by the Divisions.

The extension of CFTC Letter 14-18 continues to provide relief to Southwest Power Pool, its members and other specified market participants with respect to certain transactions on Southwest Power Pool’s Integrated Marketplace. This extension will last until the earlier of February 28, 2015 or the date on which the Commission takes final action on Southwest Power Pool’s request for exemptive relief.