The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) today issued a no-action letter extending the relief provided to the Shanghai Clearing House (SHCH) in CFTC Letter 16-56, which expires May 31, 2017. The extension will last until the earlier of November 30, 2017 or the date on which the CFTC exempts SHCH from registration as a DCO.
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