The Division of Clearing and Risk and the Division of Market Oversight issued no-action relief to Cantor Futures Exchange, L.P. and the Cantor Clearinghouse L.P. as well as to the North American Derivatives Exchange, Inc. (which operates both as a designated contract market and a derivatives clearing organization) that will permit them in connection with certain swap transactions not to have to report such transactions to a swap data repository, as otherwise required. This relief is conditioned on the swaps being fully collateralized and the DCMs making available publicly, virtually in real time, certain time and sales data for all transactions, among other conditions.