CFTC Provides Reporting Relief for CPOs

The CFTC Division of Swap Dealer and Intermediary Oversight ("DSIO") issued no-action relief to provide CFTC-registered CPOs with additional time to comply with reporting requirements in light of the challenges posed by COVID-19.

The DSIO provided temporary relief for:

• Form CPO-PQR filings to permit (i) small- and mid-sized CPOs to file their annual Form CPO-PQR reports by May 15, 2020, and (ii) large CPOs to file their Form CPO-PQR reports for the first quarter of 2020 by July 15, 2020;

• Commodity pool annual reports that are due on or before April 30, 2020, to permit CPOs to file certified annual financial statements for the pools within 45 days after the filing due date; and

• Commodity pool periodic account statements for reporting periods ending on or before April 30, 2020, to permit distribution to investors within 45 days of the end of the reporting period.