ARTICLE
23 September 2018

CFTC Grants CPO Relief From 30-Day Quarterly Account Statement Delivery Requirement

CW
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.
United States Finance and Banking

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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