CFTC’s Division Of Swap Dealer And Intermediary Oversight Issues No-Action Letter Regarding The Obligation Of Swap Dealers And Major Swap Participants To Provide Certain Disclosures For Certain Transactions Under Regulation 23.431

The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter that provides swap dealers and major swap participants with relief from certain disclosure requirements prescribed under Commission Regulation 23.431.

The relief provided in the no-action letter is applicable to certain transactions in foreign exchange swaps and foreign exchange forwards.

The relief provided in the no-action letter is applicable to all swap dealers, subject to the conditions and limitations set forth in the letter.