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    <RIN_INFO>
        <RIN>3038-AF53</RIN>
        <PUBLICATION>
            <PUBLICATION_ID>202504</PUBLICATION_ID>
            <PUBLICATION_TITLE>Unified Agenda of Federal Regulatory and Deregulatory Actions</PUBLICATION_TITLE>
        </PUBLICATION>
        <AGENCY>
            <CODE>3038</CODE>
            <NAME>Commodity Futures Trading Commission</NAME>
            <ACRONYM>CFTC</ACRONYM>
        </AGENCY>
        <RULE_TITLE>Codification of Staff No-Action Relief from Reporting and Recordkeeping Requirements for Fully Collateralized Binary Options</RULE_TITLE>
        <ABSTRACT><![CDATA[<!DOCTYPE html>
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<head>
</head>
<body>
<p>Staff is considering recommending that the Commission codify the no-action relief in CFTC Staff Letters Nos. 17-31, 17-32, 21-11, and 24-09 concerning failure to comply with Commission regulations 38.8(b), 38.10, 38.951 (only to the extent that regulation 38.951 requires compliance with Part 45 of the Commission&rsquo;s regulations), 39.20(b)(2), as well as the applicable provisions of Parts 43 and 45 of the Commission&rsquo;s regulations, or the requirements of the relevant Commodity Exchange Act provisions pursuant to which the relevant regulations were promulgated, with respect to the reporting of fully-collateralized binary options to a swap data repository.</p>
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        <PRIORITY_CATEGORY>Other Significant</PRIORITY_CATEGORY>
        <RIN_STATUS>First Time Published in The Unified Agenda</RIN_STATUS>
        <RULE_STAGE>Proposed Rule Stage</RULE_STAGE>
        <MAJOR>Undetermined</MAJOR>
        <UNFUNDED_MANDATE_LIST>
            <UNFUNDED_MANDATE>Undetermined</UNFUNDED_MANDATE>
        </UNFUNDED_MANDATE_LIST>
        <EO_13771_DESIGNATION>Deregulatory</EO_13771_DESIGNATION>
        <CFR_LIST>
            <CFR>17 CFR 43</CFR>
            <CFR>17 CFR 45</CFR>
        </CFR_LIST>
        <LEGAL_AUTHORITY_LIST>
            <LEGAL_AUTHORITY>Not Yet Determined</LEGAL_AUTHORITY>
        </LEGAL_AUTHORITY_LIST>
        <LEGAL_DLINE_LIST/>
        <RPLAN_ENTRY>No</RPLAN_ENTRY>
        <TIMETABLE_LIST>
            <TIMETABLE>
                <TTBL_ACTION>NPRM</TTBL_ACTION>
                <TTBL_DATE>12/00/2025</TTBL_DATE>
            </TIMETABLE>
        </TIMETABLE_LIST>
        <RFA_REQUIRED>Undetermined</RFA_REQUIRED>
        <GOVT_LEVEL_LIST>
            <GOVT_LEVEL>Undetermined</GOVT_LEVEL>
        </GOVT_LEVEL_LIST>
        <FEDERALISM>Undetermined</FEDERALISM>
        <PRINT_PAPER>No</PRINT_PAPER>
        <INTERNATIONAL_INTEREST>No</INTERNATIONAL_INTEREST>
        <AGENCY_CONTACT_LIST>
            <CONTACT>
                <FIRST_NAME>Richard</FIRST_NAME>
                <LAST_NAME>Haynes</LAST_NAME>
                <TITLE>Acting Director, Division of Clearing and Risk</TITLE>
                <AGENCY>
                    <CODE>3038</CODE>
                    <NAME>Commodity Futures Trading Commission</NAME>
                    <ACRONYM>CFTC</ACRONYM>
                </AGENCY>
                <PHONE>202 418-5063</PHONE>
                <EMAIL>rhaynes@cftc.gov</EMAIL>
                <MAILING_ADDRESS>
                    <STREET_ADDRESS>Three Lafayette Centre, 1155 21st Street, NW,</STREET_ADDRESS>
                    <CITY>Washington</CITY>
                    <STATE>DC</STATE>
                    <ZIP>20581</ZIP>
                </MAILING_ADDRESS>
            </CONTACT>
            <CONTACT>
                <FIRST_NAME>Rahul</FIRST_NAME>
                <LAST_NAME>Varma</LAST_NAME>
                <TITLE>Acting Director, Division of Market Oversight</TITLE>
                <AGENCY>
                    <CODE>3038</CODE>
                    <NAME>Commodity Futures Trading Commission</NAME>
                    <ACRONYM>CFTC</ACRONYM>
                </AGENCY>
                <PHONE>202 418-5353</PHONE>
                <EMAIL>rvarma@cftc.gov</EMAIL>
                <MAILING_ADDRESS>
                    <STREET_ADDRESS>Three Lafayette Centre, 1155 21st Street, NW,</STREET_ADDRESS>
                    <CITY>Washington</CITY>
                    <STATE>DC</STATE>
                    <ZIP>20581</ZIP>
                </MAILING_ADDRESS>
            </CONTACT>
        </AGENCY_CONTACT_LIST>
    </RIN_INFO>
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