RegAlert2009-10-20 | CFTC Staff Letter 09-46Added · Updated
CFTC Staff Letter 09-46: Family Partnership Not a Commodity Pool
The Division of Clearing and Intermediary Oversight determines that a limited partnership comprised exclusively of immediate family members is not a commodity pool under Regulation 4.10(d)(1). Consequently, the general partners of this entity are not required to register as commodity pool operators. This interpretation remains valid even if the partnership forms a separate commodity trading advisory company, provided the partnership's proprietary trading operations and family ownership structure remain unchanged.
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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 Ananda Radhakrishnan Director
CFTC Letter No. 09-46
Interpretation
October 20, 2009
Division of Clearing and Intermediary Oversight Re: Regulation 4.10(d)(1) – Request that a limited partnership comprised of family members not be considered a commodity pool
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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.