November 30, 2012
CFTC’s Division of Swap Dealer and Intermediary Oversight Issues No-Action for Family Offices
Washington, DC – The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter regarding family offices. The letter states that DSIO will not recommend that the CFTC take enforcement action against the operators of family offices for failure to register as commodity pool operators under the Commodity Exchange Act and the CFTC’s regulations, subject to certain conditions described in the letter.
Last Updated: November 30, 2012