The Commodity Futures Trading Commission is requesting public comment on a petition for exemption from registration as a derivatives clearing organization (DCO) filed by OTC Clearing Hong Kong Limited.

Under Section 5b(h) of the Commodity Exchange Act, the CFTC may exempt a clearing organization from DCO registration for the clearing of swaps if it determines that such clearing organization is subject to comparable, comprehensive supervision by appropriate government authorities in the clearing organization’s home country.

Comments may be submitted electronically on or before July 23. Public portions of the petition and all comments received will be available on CFTC’s website.

More information is available here.