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| CFTC | RIN: 3038-AF53 | Publication ID: Spring 2025 |
| Title: ●Codification of Staff No-Action Relief from Reporting and Recordkeeping Requirements for Fully Collateralized Binary Options | |
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Abstract:
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’s regulations), 39.20(b)(2), as well as the applicable provisions of Parts 43 and 45 of the Commission’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. |
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| Agency: Commodity Futures Trading Commission(CFTC) | Priority: Other Significant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: Undetermined | Unfunded Mandates: Undetermined |
| EO 14192 Designation: Deregulatory | |
| CFR Citation: 17 CFR 43 17 CFR 45 | |
| Legal Authority: Not Yet Determined | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
| Federalism: Undetermined | |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Richard Haynes Acting Director, Division of Clearing and Risk Commodity Futures Trading Commission Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581 Phone:202 418-5063 Email: rhaynes@cftc.gov Rahul Varma Acting Director, Division of Market Oversight Commodity Futures Trading Commission Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581 Phone:202 418-5353 Email: rvarma@cftc.gov |
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