CFTC Extends Comment Period for Proposed Amendments to Regulations on CPO Annual Reports

The CFTC proposed amending certain regulations applicable to Annual Reports that commodity pool operators must distribute.

The CFTC Division of Swap Dealer and Intermediary Oversight issued exemptive relief to a commodity pool operator of a feeder fund in order to permit the filing of a 15-month audited Annual Report. The relief will facilitate the pool's recent change of its fiscal year.

The CFTC Division of Swap Dealer and Intermediary Oversight granted relief from the annual report filing requirement to the Commodity Pool Operator of pools that operate as part of a master-feeder structure pursuant to an exemption under CFTC Rule 4.7.

The CFTC granted exemptive relief to a commodity pool operator from performing a two-year audit in connection with its annual report, so long as the commodity pool operator distributed an unaudited annual report for fiscal year 2015 to pool participants and filed it with the National Futures Association. The pool had only five participants and had been liquidated at year-end 2015.

The CFTC granted exemptive relief to two commodity pool operators from having to file and distribute annual reports within 90 days of the close of the pool's fiscal year.

The CFTC Division of Swap Dealer and Intermediary Oversight granted relief to several commodity pool operators from the annual report filing requirement, and from the requirement that such reports contain an audited annual financial statement.

The CFTC Division of Swap Dealer and Intermediary Oversight granted relief to several commodity pool operators from the annual report filing requirement and the requirement that such reports contain audited annual financial statements.

The CFTC Division of Swap Dealer and Intermediary Oversight provided relief to two CPOs from annual reporting requirements.

The CFTC Division of Swap Dealer and Intermediary Oversight issued nine Exemption Letters granting relief to commodity pool operators from annual report requirements and from certain audit requirements of financial statements in 2015 annual pool reports.

The CFTC Division of Swap Dealer and Intermediary Oversight granted exemptive relief for the year 2015 to two commodity pool operators from the annual requirement that an independent public accountant audit a pool's financial statements.