CFTC Issues No-Action Relief to CPO from Reporting Requirements (CFTC Letter 14-128)

The CFTC issued no-action relief to a CPO from the requirement to have an independent public accountant audit the financial statement of its pool's annual report, pursuant to CFTC Rules 4.7(b)(3)(i) and 4.22(d), for the fiscal year ending on December 31, 2013.

The no-action relief was granted under the condition that the CPO must file with the NFA and distribute unaudited financial statements to participants for the fiscal year 2013.

See: CFTC Letter 14-128.