CFTC Staff Announces Self-Executing Registration No-Action Relief for Delegating CPOs

Orrick - Finance 20/20
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On October 15, CFTC Division of Swap Dealer and Intermediary Oversight (DSIO) announced that it is providing self-executing registration no-action relief for certain commodity pool operators (CPOs) who delegate certain activities (Delegating CPOs) to a registered CPO and meet the conditions specified. The relief was made available in CFTC Staff Letter 14-126ReleaseStaff Letter.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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