United States:
CFTC Extends Relief For Filing SEF Compliance And Financial Reports
03 December 2020
Cadwalader, Wickersham & Taft LLP
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The CFTC Division of Market Oversight extended the no-action relief provided to swap
execution facilities ("SEFs") for filing annual
compliance reports ("ACRs").
As previously covered, the relief, originally
provided in Letter 17-61, permits an SEF to concurrently
file its ACR and fourth-quarter financial reports no later than 90
days after the SEF's fiscal-year end.
Under the updated no-action letter (Letter 20-41), the relief will expire on
November 30, 2021.
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