The Commodity Futures Trading Commission has issued no-action relief to the Chicago Mercantile Exchange that allows depositories to provide to futures commission merchants a variation of a template acknowledgment letter mandated by the CFTC for depositories handling FCM customer funds accounts under a very limited circumstance. This relief is granted solely for FCMs and depositories participating in a CME-administered program that permits clearing members to pledge certain high-quality corporate bonds as initial margin for futures and cleared swaps positions.