CFTC 4.13(a)(3) Annual Affirmations Due by March 1st

As a reminder, fund managers relying on the exemption from registration with the U.S. Commodity Futures Trading Commission (the "CFTC") set forth in Rule 4.13(a)(3), commonly referred to as the “de minimis exemption,” must affirm their claim of exemption by this Friday, March 1, 2013.  

The affirmation process should be completed online through the NFA Exemptions System. Failure to submit an affirmation by the deadline will result in an automatic withdrawal of the exemption from registration.

Topics:  CFTC, Exemptions, Fund Managers, Investment Adviser, NFA

Published In: Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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