CFTC Staff Letters

CFTC Staff Letters provides Letters from 2008 and later. For Letters published before 2008 visit the Letters Archive page.

PDF Description
PDF Image 16-31 Letter Type: Exemption
Division: DSIO
Regulation Parts: 4.7(b)(3)
Tags: Annual Report, CPO, Exemptions
Issuance Date:
Description:

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.


PDF Image 16-30 Letter Type: Exemption
Division: DSIO
Regulation Parts: 4.7(b)(3), 4.22
Tags: Annual Report, CPO, Exemptions, Pool Participant, Reporting
Issuance Date:
Description:

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.


PDF Image 16-22 Letter Type: Exemption
Division: DSIO
Regulation Parts: 4.27
Tags: Large Pool, Reporting
Issuance Date:
Description:

DSIO response to industry questions on Form CPO-PQR FAQ.


PDF Image 16-21 Letter Type: Exemption
Division: DSIO
Regulation Parts: 4.22
Tags: Pool Participant, Reporting
Issuance Date:
Description:

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.


PDF Image 16-20 Letter Type: Exemption
Division: DSIO
Regulation Parts: 4.22
Tags: Pool Participant, Reporting
Issuance Date:
Description:

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.


PDF Image 16-19 Letter Type: Exemption
Division: DSIO
Regulation Parts: 4.22
Tags: Pool Participant, Reporting
Issuance Date:
Description:

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.


PDF Image 16-18 Letter Type: Exemption
Division: DSIO
Regulation Parts: 1.16, 4.22
Tags: Pool Participant, Reporting
Issuance Date:
Description:

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).


PDF Image 16-17 Letter Type: Exemption
Division: DSIO
Regulation Parts: 4.22
Tags: Pool Participant, Reporting
Issuance Date:
Description:

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).


PDF Image 16-16 Letter Type: Exemption
Division: DSIO
Regulation Parts: 4.22
Tags: Pool Participant, Reporting
Issuance Date:
Description:

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).


PDF Image 16-15 Letter Type: Exemption
Division: DSIO
Regulation Parts: 4.7(b)(3)
Tags: Annual Report, CPO, Exemptions
Issuance Date:
Description:

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.