Font Size: AAA // Print // Bookmark

Exemptive Letters

Date
Exemptive Letters
02/01/2016
16-05 PDF Image; Regulations 1.20(g)(4), 22.5 and 1.49(d)(3); No-Action; Exemption
No-action relief for Eurex Clearing AG with regard to Regulation 1.20(g)(4), and an exemption from the requirements of Regulation 1.49(d)(3) for customer accounts held at the Deutsche Bundesbank.
01/05/2016
16-11 PDF Image; Commission regulation 4.22(d); Exemption
Exemptive relief granted to a CPO of a pool from the audit requirements of Commission regulation 4.22(d) with respect to the financial statements in the 2015 annual report of the pool. The CPO has provided a waiver from the sole participant of the pool.
01/05/2016
16-12 PDF Image; Commission regulation 4.22(d); Exemption
Exemptive relief granted to a CPO of a pool from the audit requirement of Commission regulation 4.22(d) with respect to the pool’s 2015 annual report. The CPO has provided a waiver from the sole participant of the pool.
02/03/2016
16-13 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 140.93; Exemption
A CPO requested exemptive relief from the annual report requirement in Regulation 4.7(b)(3), to allow it to file an annual report for its exempt pool for the period from August 1, 2015, the date the pool began trading, to December 31, 2016. DSIO granted relief conditioned upon the future filing and distribution of a certified Annual Report for the period from August 1, 2015 to December 31, 2016.
02/03/2016
16-14 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 140.93; Exemption
A CPO requested exemptive relief from the annual report requirement in Regulation 4.7(b)(3), to allow it to file an annual report for its exempt pool for the period from August 3, 2015, the date the pool began trading, to December 31, 2016. DSIO granted relief conditioned upon the future filing and distribution of a certified Annual Report for the period from August 3, 2015 to December 31, 2016.
02/03/2016
16-15 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 140.93; Exemption
A CPO requested exemptive relief from the annual report requirement in Regulation 4.7(b)(3), to allow it to file an annual report for its exempt pool for the period from December 1, 2015, the date it began operations, to December 31, 2016. DSIO granted relief conditioned upon the future filing and distribution of a certified Annual Report for the period from December 1, 2015 to December 31, 2016.
02/05/2016
16-16 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 4.22(d)(1), and 140.93; Exemption
The CPO of an exempt commodity pool with two participants, a controlling principal of the CPO and an LLC owned by the principal, requested relief from the audit requirement in Regulations 4.7(b)(3) and 4.22(d)(1). DSIO granted relief for the pool’s 2015 annual report, conditioned upon the filing of an uncertified annual report for the 2015 fiscal year that otherwise complies with Regulation 4.7(b)(3).
02/03/2016
16-17 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 4.22(d)(1), and 140.93; Exemption
The CPO of an exempt commodity pool with two participants, a controlling principal of the CPO and an LLC owned by the principal, requested relief from the audit requirement in Regulations 4.7(b)(3) and 4.22(d)(1). DSIO granted relief for the pool’s 2015 annual report, conditioned upon the filing of an uncertified annual report for the 2015 fiscal year that otherwise complies with Regulation 4.7(b)(3).
02/03/2016
16-18 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 4.22(d)(1), and 140.93; Exemption
The CPO of an exempt commodity pool requested relief from the audit requirement in Regulation 4.22(d)(1), on the basis that the sole participant is the owner of the CTA managing the pool’s assets. DSIO granted relief for the pool’s 2015 annual report, conditioned upon the filing and distribution of an uncertified annual report for the 2015 fiscal year that otherwise complies with Regulation 4.7(b)(3).
02/03/2016
16-19 PDF Image; Commission regulation 4.22(d); Exemption
Exemptive relief granted to a CPO of certain segregated series of a pool from the audit requirements of Commission regulation 4.22(d) with respect to the financial statements in the 2015 annual reports of the segregated series. The CPO has provided waivers from the all participants in the segregated series.
02/17/2016
16-20 PDF Image; Commission regulation 4.22(d); Exemption
Exemptive relief granted to a CPO of a pool from the audit requirements of Commission regulation 4.22(d) with respect to the financial statements in the 2015 annual report of the pool. The CPO has provided a waiver from the sole participant of the pool.
02/03/2016
16-21 PDF Image; Commission regulation 4.22(d); Exemption
Exemptive relief that was provided in CFTC Staff Letter 14-49 was granted with respect to additional proprietary commodity pools operated by a CPO referenced in that letter. The CPOs provided the same representations provided in CFTC Staff Letter 14-49 and represented that they would comply with the conditions of the relief provided in that letter.
02/25/2016
16-22 PDF Image; Commission regulation 4.27; Exemption
DSIO response to industry questions on Form CPO-PQR FAQ.
03/25/2016
16-30 PDF Image; Regulations 4.12(a), 4.7(b)(3), and 140.93; Exemption
The CPO of a commodity pool requested, and DSIO granted pursuant to Regulations 4.12(a) and 140.93, relief from Regulations 4.7(b)(3) and 4.22(d), which require the filing and distribution of audited financial statements, for fiscal year 2015 and requested to be permitted to file with NFA and distribute to participants audited financial statements for the pool covering the period from July 21, 2015 to December 31, 2016.
02/22/2016
16-31 PDF Image; Commission regulation 4.7(b); Exemption
Exemptive relief granted to a CPO of pools that began operations during the fourth quarter of 2015 from providing annual reports for fiscal year 2015; provided, that the CPO provide an annual report that covers the period from the beginning of operations to the end of fiscal year 2016 after the end of fiscal year 2016. The CPO has provided waivers from all participants of the pools.
03/25/2016
16-35 PDF Image; Commissions Regulation 4.7, 4.22; Exemption
Exemptive relief for a CPO from auditing a pool’s 2015 annual report.
03/25/2016
16-36 PDF Image; Commissions Regulation 4.7, 4.22; Exemption
Exemptive relief for a CPO from auditing a pool’s 2015 annual report.
04/05/2016
16-37 PDF Image; Commission Regulations 4.7, 4.22; Exemption
Exemptive relief for a CPO from auditing a pool’s 2015 annual report.
03/25/2016
16-38 PDF Image; Commission Regulations 4.7, 4.22; Exemption
Exemptive relief for a CPO from auditing a pool’s 2015 annual report.
04/05/2016
16-39 PDF Image; Commission Regulations 4.7, 4.22; Exemption
Exemptive relief for a CPO from auditing a pool’s 2015 annual report.
02/22/2016
16-40 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 4.22(d)(1), and 140.93; Exemption
The CPO of an exempt pool, with the CPO as the only participant, requested relief from the audit requirement in Regulations 4.7(b)(3) and 4.22(d)(1). DSIO granted relief for the pool’s 2015 annual report, conditioned upon the filing of an uncertified annual report for the 2015 fiscal year that otherwise complies with Regulation 4.7(b)(3).
03/07/2016
16-41 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 140.93; Exemption
A CPO requested exemptive relief from the annual report requirement in Regulation 4.7(b)(3), to allow it to file an annual report for its exempt pool for the period from November 2, 2015, the date the pool began trading, to December 31, 2016. DSIO granted relief conditioned upon the future filing and distribution of a certified Annual Report for that 14-month period.
02/22/2016
16-42 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 140.93; Exemption
A CPO requested exemptive relief from the annual report requirement in Regulation 4.7(b)(3), to allow it to file an annual report for its exempt pool for the period from December 23, 2015, the date the pool began trading, to December 31, 2016. DSIO granted relief conditioned upon the future filing and distribution of a certified Annual Report covering that period.
02/22/2016
16-43 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 140.93; Exemption
A CPO requested exemptive relief from the annual report requirement in Regulation 4.7(b)(3), to allow it to file an annual report for its exempt pool for the period from December 29, 2015, the date the pool began trading, to December 31, 2016. DSIO granted relief conditioned upon the future filing and distribution of a certified Annual Report covering that period.
03/25/2016
16-44 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 4.22(d)(1), and 140.93; Exemption
The CPO of an exempt commodity pool requested relief from the audit requirement in Regulation 4.22(d)(1), on the basis that the pool’s two participants are owners of the CTA managing the pool assets. DSIO granted relief for the 2015 annual report, conditioned upon the filing and distribution of an uncertified 2015 annual report that otherwise complies with Regulation 4.7(b)(3).
02/22/2016
16-45 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 4.22(d)(1), and 140.93; Exemption
The CPO of an exempt commodity pool with three participants, all of whom are managing members of the CPO, requested relief from the audit requirement in Regulations 4.7(b)(3) and 4.22(d)(1). DSIO granted relief for the pool’s 2015 annual report, conditioned upon the filing and distribution of an uncertified annual report for the 2015 fiscal year that otherwise complies with Regulation 4.7(b)(3).
03/29/2016
16-47 PDF Image; Commission regulations 4.22(d) and 4.27(c); Exemption
Exemptive relief granted to a CPO of a fund complex from: (1) Filing with NFA and distributing to the participants of the Intermediate Fund an audited annual report of the Feeder Fund; and (2) Filing with NFA Form CPO-PQR for the Intermediate Fund. This relief allows the CPO to prepare one audited annual report and one CPO-PQR at the Feeder Fund-level for both the Feeder Fund and the Intermediate Fund.
03/23/2016
16-48 PDF Image; Commission regulation 4.7(b); Exemption
Exemptive relief granted to a CPO of pools that began operations at the end of September 2015 from providing annual reports for fiscal year 2015; provided, that the CPO provide an annual report that covers the period from the beginning of operations to the end of fiscal year 2016 after the end of fiscal year 2016. The CPO has provided waivers from all participants of the pools.
03/21/2016
16-49 PDF Image; Commission regulation 4.7(b); Exemption
Exemptive relief granted to a CPO of a pool that permanently ceased trading in March 2016 from providing an annual report for fiscal year 2015; provided, that the CPO provide an annual report that covers the period from January 1, 2015 to March 31, 2016. The CPO has provided a waiver from the lone outside participant of the pool.
03/31/2016
16-50 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 140.93; Exemption
A CPO requested exemptive relief from the annual report requirement in Regulation 4.7(b)(3), to allow it to file an annual report for its exempt pool for the period from November 10, 2015, the date the pool began trading, to December 31, 2016. DSIO granted relief conditioned upon the future filing and distribution of a certified Annual Report for the period from November 10, 2015 to December 31, 2016.
03/31/2016
16-51 PDF Image; 17 CFR 4.7(b)(3), 4.12(a), 140.93; Exemption
A CPO requested exemptive relief from the annual report requirement in Regulation 4.7(b)(3), to allow it to file an annual report for its exempt pool for the period from December 1, 2015, the date the pool began trading, to December 31, 2016. DSIO granted relief conditioned upon the future filing and distribution of a certified Annual Report for the period from December 1, 2015 to December 31, 2016.
04/28/2016
16-53 PDF Image; Commission regulation 4.7(b)(2); Exemption
Exemptive relief granted to a CPO to permit the CPO to provide monthly account statements to participants within 45 days of the month end rather than quarterly account statement within 30 days of the quarter end pursuant to Commission regulation 4.7(b)(2).
04/28/2016
16-54 PDF Image; Commission regulation 4.7(b)(2); Exemption
Exemptive relief granted to a CPO to permit the CPO to provide monthly account statements to participants within 45 days of the month end rather than quarterly account statement within 30 days of the quarter end pursuant to Commission regulation 4.7(b)(2).
04/08/2016
16-55 PDF Image; 17 CFR 4.12(a), 4.22, 140.93; Exemption
Exemptive relief for a CPO from auditing a pool’s 2015 annual report.
04/08/2016
16-57 PDF Image; Commission regulations 4.7 and 4.22; Exemption
Exemptive relief for a CPO from auditing a pool’s 2015 annual report.
06/21/2016
16-59 PDF Image; Regulations 1.20(g)(4), 22.5 and 1.49(d)(3); No-Action; Exemption
No-action relief for Chicago Mercantile Exchange, Inc. with regard to Regulation 1.20(g)(4), and an exemption from the requirements of Regulation 1.49(d)(3) for customer accounts held at the Bank of Canada.

See Also:

OpenGov Logo

CFTC's Commitment to Open Government

Gavel and Book

Follow the Status of Enforcement Actions