CFTC Staff Letters

The Division of Clearing and Risk, Division of Market Oversight, and the Division of Swap Dealer and Intermediary Oversight of the Commodity Futures Trading Commission are extending the expiration date of the no-action relief previously granted to Southwest Power Pool, Inc..

Extension of No-Action Relief: Transaction-Level Requirements for Non-U.S. Swap Dealers

DSIO provided a letter that exempts certain commodity trading advisors (CTAs) that are registered, but do not direct any client commodity interest accounts, from reporting on Form CTA-PR.

No-Action letter permitting, subject to certain conditions, the CPO of a pool organized as a UCITS that holds funds contributed by employees of its U.S. management company to operate said pool and its subfunds without registering as a CPO.

The CPO of two commodity pools, both exempt under Regulation 4.7, requested exemptive relief from the annual report requirement in Regulation 4.7(b)(3), to allow the filing of an annual report for the pools for the period from October 2, 2014, the date the pools began trading, to December 31, 2015; DSIO granted relief pursuant to Regulations 4.12(a) and 140.93 conditioned upon the future filing and distribution of a certified Annual Report for that time period.

Exemptive relief granted to a CPO to permit the CPO to provide monthly account statements to a pool’s 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).

Exemptive relief granted to a CPO of a pool that had all of its participants redeem out in 2014 from the audit requirements of Commission regulation 4.22(d) with respect to the financial statements in the 2014 annual report of the pool that is filed with NFA.

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 2014 annual report of the pool. The CPO has provided a waiver from the sole outside participant of the pool.

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 2014 annual report of the pool. The CPO has provided a waiver from the sole participant of the pool.

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 2014 annual report of the pool. The CPO has provided a waiver from the sole participant of the pool.