CFTC Issues Exemptive Relief for CPO with Respect to the Annual Report Filing and Certification Requirements (CFTC Letter 14-47)

The CFTC Division of Swap Dealer and Intermediary Oversight ("DSIO") issued an exemptive relief for a CPO permitting the filing of a 15-month certified annual report.

The letter provides relief to the CPO of a commodity pool from the Annual Report filing and certification requirements pursuant to CFTC Rules 4.7(b)(3) ("Exemption from Certain Part 4 Requirements for Commodity Pool Operators with Respect to Offerings to Qualified Eligible Persons and for Commodity Trading Advisors with Respect to Advising Qualified Eligible Persons") and 4.22(d) ("Reporting to Pool Participants"). The DSIO granted permission to the CPO to file a 15-month annual report for the period of trading from October 1, 2013 through December 31, 2014.

See: CFTC letter 14-47.Related news: CFTC Issues No-Action Relief to CPO from Annual Report Requirements (CFTC Letter 14-37) (March 25, 2014); CFTC Issues Exemptive Relief for the CPO Relating to the Annual Report and Certification Requirements (CFTC Letter 14-30) (March 18, 2014); CFTC Grants No-Action Relief to CPO from Requirement to Audit Financial Statements in Annual Report (CFTC Letter 14-19) (with Lofchie Comment) (February 21, 2014); CFTC Issues Exemptive Letter Regarding Annual Report Filing Deadline for CPO (CFTC Letter 14-06) (January 24, 2014).