United States:
CFTC Grants CPO Relief From 30-Day Quarterly Account Statement Delivery Requirement
23 September 2018
Cadwalader, Wickersham & Taft LLP
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The CFTC Division of Swap Dealer and Intermediary Oversight granted exemptive relief to a commodity pool
operator ("CPO") from the requirement to deliver
quarterly account statements to pool participants within 30 days of
each quarter. Instead, the CPO will be allowed to distribute
quarterly account statements within 45 days of each month. The CPO
cited
CFTC Staff Letter 18-06 in support of this request for
relief.
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