CFTC’s Division of Clearing and Risk Issues Temporary Compliance Delay Due to Hurricane Sandy

CFTC’s Division of Clearing and Risk Issues Temporary Compliance Delay Due to Hurricane Sandy

Due to the damage caused by Hurricane Sandy, the staff of the Commodity Futures Trading Commission’s Division of Clearing and Risk today issued a no-action letter to temporarily delay the compliance date for the Commission’s Part 22 rules, which set forth segregation requirements for cleared swaps and associated cleared swaps customer collateral, from November 8, 2012 to November 13, 2012.

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