CFTC Staff Extends Brexit-Related No-Action Positions

The Commodity Futures Trading Commission (CFTC) staff has issued an extension of Brexit-related no-action positions, according to an announcement from the US derivatives regulator. The action provides continued regulatory certainty and operational continuity for market participants operating across US and UK financial markets following the United Kingdom's departure from the European Union. Market participants subject to CFTC oversight are advised to consult the regulator's official staff letters and press release for detailed terms regarding the extended relief.