CFTC Designates NFA as SDR Data Recipient

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The Commodity Futures Trading Commission has issued an order authorizing National Futures Association (NFA) as a designee of the CFTC for purposes of receiving direct electronic access to swap data repository (SDR) data. All registered SDRs are required to provide NFA with direct electronic access to their respective data.

As conditions to the order, NFA must safeguard from public disclosure any information contained in the SDR data and refer to the CFTC any requests for SDR data information. NFA may access and use the SDR data solely to facilitate NFA’s functions as a registered futures association.

The CFTC’s order is available here.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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