• CFTC Issues No-Action Relief From De Minimis Threshold for Certain Swaps
  • March 25, 2014
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • The Commodity Futures Trading Commission (CFTC) issued temporary no-action relief from the $25 million special entity de minimis threshold used to determine “swap dealer” status under the CFTC’s swap regulatory regime. The no-action relief applies only to certain swap transactions described in the no-action letter and remains in effect until the CFTC rules on a petition filed by industry trade associations in response to the $25 million threshold.