NFA to Require CPOs to Identify Registered Investment Companies

more+
less-

The National Futures Association (NFA) has notified its members that it will require each member of the NFA that is registered as a commodity pool operator (CPO) and operates one or more commodity pools that are also registered with the Securities and Exchange Commission as investment companies under the Investment Company Act of 1940 to identify such pools through the NFA’s annual CPO questionnaire. The NFA stated that this information will help the NFA identify the pools that are not required to comply with certain NFA rules and various provisions of Part 4 of the CFTC’s regulations due to their registration as investment companies.

More information on the NFA’s notice can be found here.

 

Topics:  CFTC, CPO, Investment Companies, NFA, Registration

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.

© Katten Muchin Rosenman LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »