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Hedge Fund Managed Futures

CFTC Guidance on CPO Delegation Process

hedgeco

12 years ago

64 views

Dear Friends,
On May 12, 2014, the CFTC announced a streamlined approach for considering requests for no-action relief with respect to CPOs who delegate certain activities to a registered CPO (e.g. GPs of limited partnerships who delegate CPO authority to a registered investment manager).
Each delegating CPO must submit a letter certifying that it meets certain criteria outlined in the release. While reviewing the specifics of these requirements during a recent compliance workshop, the instructo...

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