Two divisions of the Commodity Futures Trading Commission granted no-action relief to Yieldbroker Pty Limited, an Australia-based swap multilateral trading facility, from having to register as a swap execution facility in connection with granting access to US persons. The divisions – the Division of Market Oversight and the Division of Swap and Intermediary Oversight – also exempted US persons executing swaps on Yieldbroker from having to comply with certain business conduct and other requirements related to the execution of over-the-counter swaps. Yieldbroker has been providing access to US persons to execute swaps since 2013 pursuant to other staff no-action relief.