RegAlert2008-09-03 | CFTC Staff Letter 08-16Added · Updated
CFTC Staff Letter 08-16: Exemption from Regulations 4.21, 4.22, and 4.23 for Commodity Pool Operators Listing Shares on National Securities Exchanges
The Division of Clearing and Intermediary Oversight exempts a registered commodity pool operator from specific disclosure, reporting, and recordkeeping requirements under Commission Regulations 4.21, 4.22, and 4.23 when operating a fund whose shares are listed for trading on a national securities exchange. The exemption allows the operator to satisfy disclosure and recordkeeping obligations by maintaining current information on its website and keeping books and records at a third-party administrator, provided that the information remains accessible to investors and regulators. The operator must notify the Division and the National Futures Association of any changes to the location of books and records, retrieve original records within forty-eight hours of a regulatory request, and disclose the records' location in the fund's disclosure document.
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U.S. COMMODITY FUTURES TRADING COMMISSION
Three Lafayette Centre
1155 21st Street, NW, Washington, DC 20581
Telephone: (202) 418-5430
Facsimile: (202) 418-5547 aradhakrishnan@cftc.gov Division of Clearing and Intermediary Oversight U.S. COMMODITY FUTURES TRADING COMMISSION Three Lafayette Centre 1155 21st Street, NW, Washington, DC 20581 Telephone: (202) 418-5430 Facsimile: (202) 418-5547 aradhakrishnan@cftc.gov Division of Clearing and Intermediary Oversight Ananda Radhakrishnan Director CFTC Letter No. 08-16 September 3, 2008 Exemption Division of Clearing and Intermediary Oversight
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Lineage: In force
Source: Commodity Futures Trading Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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CFTC published 6 documents in the last 30 days. We email you each new one the day it's published.