CFTC Staff Extends Brexit-Related No-Action Positions
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WASHINGTON — The Commodity Futures Trading Commission’s Market Participants Division and Division of Market Oversight announced today they are extending temporary no-action positions in connection with the withdrawal of the United Kingdom from the European Union, known as Brexit. [See CFTC Staff Letter No. 26-28]
On February 25, 2019, the CFTC issued a statement in conjunction with the Bank of England, including the Prudential Regulation Authority, and the Financial Conduct Authority to provide regulatory certainty on the continuity of derivatives trading and clearing activities between the UK and the United States. [See CFTC Press Release No. 7876-19]
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https://www.cftc.gov/PressRoom/PressReleases/9306-26