The Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) announced today that it has issued a no-action letter extending the relief originally provided to Shanghai Clearing House (SHCH) in CFTC Letter 16-56. The relief, as extended by CFTC Letters No. 17-26 and 17-62, expires February 28, 2018. The new extension will last until the earlier of February 28, 2019 or the date on which the CFTC exempts SHCH from registration as a derivatives clearing organization (DCO).
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