ANSWER: Paul, in Col. 2:14, is speaking of "forgiveness of trespasses." Christ's atoning death affords a new ground of our acceptance with God instead of the plea that we have perfectly kept his law, which condemns us all, for we have all sinned, and therefore are excluded from legal justification. But evangelical justification is now possible, because God through Christ has taken away the law as the ground of justification, but not as THE RULE OF LIFE. This is what Paul means when he says, "We are not under the law but under grace." Some have done much harm by teaching that believers are not under obligations to keep the moral law. They are called Antinomians. See the book entitled, "A Substitute for Holiness," published by the Christian Witness Co., for an extended answer to this pernicious error.
— Steele's Answers pp. 187, 188.