CFTC Staff Issues No-Action Letter on Part 43 and Part 45 Data Requirements

The CFTC Division of Market Oversight has issued a no-action position regarding specific data requirements under Part 43 and Part 45 to reduce regulatory burdens.

WASHINGTON — The Commodity Futures Trading Commission (CFTC) announced that its Division of Market Oversight has taken a no-action position concerning specific data requirements under Part 43 and Part 45 of the agency's regulations. According to regulatory announcement Release Number 9151-25, the staff no-action position was established to reduce unnecessary and excessive regulatory burdens as well as associated compliance costs for market participants. Part 43 and Part 45 of the CFTC regulations govern swap data recordkeeping and reporting requirements across financial markets. The division's action provides targeted relief from certain regulatory obligations outlined within these frameworks.