The CFTC Division of Swap Dealer and Intermediary Oversight granted exemptive relief to the commodity pool operator from the requirement to deliver quarterly account statements within 30 days after the end of each quarter.
The CFTC Division of Swap Dealer and Intermediary Oversight granted no-action relief to a futures commission merchant. The relief provides "futures, options and swaps clearing services to customers that are 'covered funds.'"
The CFTC settled charges against a hedge fund manager for supervisory failures. The hedge fund manager consented to restrictions on his registration as an "associated person" of the firm and a bar against him from future registration with the CFTC in any capacity for sixteen months.