Wu said that the US CFTC's Market Supervision Division and Clearing Risk Division have issued a letter of no action, stating that they will not recommend the committee to take enforcement action against designated contract markets (DCMs), derivative clearing organizations (DCOs), and their participants for failing to comply with some swap related record keeping requirements or failing to declare full collateralized event contract trading data to the swap data repository, provided that relevant conditions are met. The CFTC stated that this decision is in response to DCM and DCO requests from multiple online and clearing event contracts, aimed at simplifying subsequent similar application processes and ensuring consistent treatment for market participants. The entities that have received similar non action letters previously will also be included in the scope of this coverage. Institutions that plan to launch or liquidate similar event contracts in the future can apply for the same arrangement. https://(wublock123.com)/news/cftc-approves-event-contract-reporting-61057