August 23, 2012
I support the final rule to amend certain provisions of Part 4 of the Commission’s regulations regarding the operations and activities of commodity pool operators (CPOs) and commodity trading advisors (CTAs). The amendments ensure that CFTC regulations with regard to CPOs and CTAs reflect changes made to the Commodity Exchange Act by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
Consistent with Dodd-Frank’s expansion of the CPO and CTA definitions to include those involved in swaps and advising on swaps, the final amendments require swaps information to be included in the disclosure, reporting and recordkeeping obligations that currently exist for CPOs and CTAs under Part 4. Such information will enhance customer protections by increasing the transparency of CPO and CTA swap activities to their pool participants and clients.
Last Updated: August 23, 2012