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CFTC’s DSIO issues no-action letter for commodity pool operators of securitisation vehicles

The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) has issued a time-limited no-action letter for commodity pool operators of securitisation vehicles.

The letter states that DSIO will not recommend that the Commission take enforcement action against those operators that are required to register by 31 March 2013 for failure to comply with certain enumerated sections in Part 4 of the Commission’s regulations, prior to 30 June 2013 – provided that the operators comply with the guidance set forth in the letter with respect to those sections. 

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