CFTC’s Division of Clearing and Risk Issues Time-Limited No- Jun 11, 2013 4:19:35 GMT -5 Quote Select PostDeselect PostLink to PostMemberGive GiftBack to Top Post by bot on Jun 11, 2013 4:19:35 GMT -5 CFTC’s Division of Clearing and Risk Issues Time-Limited No-Action Relief to Banks Having Assets of Less Than $10 Billion from the Board Approval Requirement of the CEA and the End-User Exception to the Clearing Requirement 06/10/2013 02:48 PM EDT The Division of Clearing and Risk (DCR) of the Commodity Futures Trading Commission (Commission) today announced the issuance of a time-limited, no-action letter granting relief to banks, savings associations, farm credit system institutions, and credit unions having assets of less than $10 billion (Small Banks), which are issuers of securities, from the board approval requirements of section 2(j) of the Commodity Exchange Act (CEA) and Commission regulation 50.50, subject to certain conditions.links.govdelivery.com/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTMwNjEwLjE5NzYzNjYxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDEzMDYxMC4xOTc2MzY2MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3NjExMzc2JmVtYWlsaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZ1c2VyaWQ9amltdGFrZWRhQGdtYWlsLmNvbSZmbD0mZXh0cmE9TXVsdGl2YXJpYXRlSWQ9JiYm&&&100&&&http://www.cftc.gov/PressRoom/PressReleases/pr6606-13.html