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CFTC Approves Final Rule To Amend The Trade Option Exemption By Eliminating Certain Reporting And Recordkeeping Requirements For End-Users

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The U.S. Commodity Futures Trading Commission (CFTC) today approved a final rule that removes reporting and recordkeeping requirements for trade option counterparties that are neither swap dealers nor major swap participants (Non-SD/MSPs), including commercial end-users that transact in trade options in connection with their businesses. The unanimous vote was conducted via seriatim. The Final Rule will become effective upon publication in the Federal Register.

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