CFTC’s Division of Clearing and Risk Issues No-Action Letter for ASX Clear (Futures) Pty Limited
Regulatory2014-02-06
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The U.S. Commodity Futures Trading Commission’s (Commission) Division of Clearing and Risk (DCR) today issued a time-limited no-action letter stating that DCR will not recommend that the Commission take enforcement action against the Australian-based clearing organization, ASX Clear (Futures) Pty Limited (ASXCLF), for failing to register as a derivatives clearing organization (DCO) under Section 5b(a) of the Commodity Exchange Act (CEA).
Source: CFTC.gov
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