CFTC Guidance on Commodity Pool Registration Exclusion

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Explore:  CEA CFTC Commodity Pool

On October 11, the CFTC issued a “no-action” letter to ASF and SIFMA with respect to the funds being treated as commodity pool under CFTC regulations and the Commodities Exchange Act. The letter indicates that (i) certain securitization vehicles should not be included within the definition of “commodity pool” and (ii) operators of those vehicles should not be included within the definition of “commodity pool operator”. The letter includes a set of criteria which, if satisfied, would result in CFTC staff not considering a vehicle a commodity pool. CFTC Letter.

Topics:  CEA, CFTC, Commodity Pool

Published In: Administrative Agency Updates, 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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