# CFTC Staff Issues Time-Limited No-Action Relief to Allow Southwest Airlines and its Counterparties Additional Time for Public Reporting of Long-Dated Brent and WTI Crude Oil Swap and Swaption Contracts Executed by or with Southwest Airlines

> CFTC release 7050-14 · 2014-11-07 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 7050-14
- **Release date:** 2014-11-07
- **Type:** Other enforcement
- **Title:** CFTC Staff Issues Time-Limited No-Action Relief to Allow Southwest Airlines and its Counterparties Additional Time for Public Reporting of Long-Dated Brent and WTI Crude Oil Swap and Swaption Contracts Executed by or with Southwest Airlines
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7050-14

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 7050-14, "CFTC Staff Issues Time-Limited No-Action Relief to Allow Southwest Airlines and its Counterparties Additional Time for Public Reporting of Long-Dated Brent and WTI Crude Oil Swap and Swaption Contracts Executed by or with Southwest Airlines", 2014-11-07. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/cftc-action/7050-14.

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