This week, on March 17, 2020, the Commodity Futures Trading Commission (CFTC) released two announcements (see here and here) regarding a series of no-action letters in response to the ongoing global COVID-19 pandemic.  The CFTC’s announcements come in the wake of high-profile efforts by other financial regulators to quickly address the financial and regulatory effects of the outbreak.  The relief is relevant to all major market participants and eases certain regulatory burdens including daily reporting requirements and the submission of certain annual reports.

Click here to read Covington’s client alert summarizing these developments.