The CFTC Division of Market Oversight extended no-action relief from aggregation requirements under the current CFTC position limits rule.
News & Insights
An exchange-traded commodity pool trading oil futures and its general partner, a CPO, settled parallel SEC and CFTC charges for misleading disclosure statements.
In an open meeting, the CFTC approved three final rules: (i) one concerning position limits for derivatives, (ii) one extending the Phase VI compliance date of the margin requirements for uncleared swaps for swap dealers and major swap participants, and (iii) one exempting certain foreign intermediaries from the requirement to register as CPOs.
The NFA provided guidance on the annual affirmation obligations for commodity pool operators and commodity trading advisors that are exempt from CFTC registration.
CFTC Division of Swap Dealer and Intermediary Oversight Director Joshua B. Sterling described the CFTC’s role in overseeing CPOs and CTAs in light of the growing size and agility of the firms in the asset management industry.