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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