CFTC Implements Standard Approach for CPO Delegated Investment Management Authority

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On May 12, the Division of Swap Dealer and Intermediary Oversight of the CFTC announced the implementation of a standardized, streamlined approach for processing requests for relief where a CPO that has delegated investment management authority as a CPO of a commodity pool to another person who is registered as a CPO, and the delegating CPO does not engage in the solicitation of participants for, or the management of property of, the applicable commodity pool. Staff Letter.

 


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