Sign up for free newsletter

 

Announcement

CFTC adopts harmonisation rules for registered investment companies

Wed, 14/08/2013 - 10:04

The Commodity Futures Trading Commission (CFTC) has issued a final rule with respect to certain compliance obligations for commodity pool operators (CPOs) of investment companies registered under the Investment Company Act of 1940 that are required to register due to the recent changes to Commission Regulation 4.5.

 
For entities that are registered with both the CFTC and Securities and Exchange Commission (SEC), the CFTC will accept the SEC’s disclosure, reporting, and record-keeping regime as substituted compliance for substantially all of Part 4 of the CFTC’s regulations, so long as they comply with comparable requirements under the SEC’s statutory and regulatory compliance regime.
 
The final rule allows dually registered entities to meet certain CFTC regulatory requirements for CPOs by complying with SEC rules to which they are already subject.
 
Additionally, the rule also amends certain provisions of Part 4 of the Commission’s regulations that are applicable to all CPOs. Notably, all CPOs will be permitted to use third-party service providers to maintain their books and records, and the signed acknowledgement requirement is being rescinded.


Subscribe to free daily newsletter
more comment

UCITS V fine tunes investor protection

Thu, 19/Mar/2015 - 11:37

A contrarian case for Brazil

Wed, 11/Mar/2015 - 10:41

latestjobs
Vice President Leverage Finance - NYC

Fri, 27 Mar 2015 00:00:00 GMT

Training Coordinator

Fri, 27 Mar 2015 00:00:00 GMT

Analyst/Associate - Project Finance Infra/Power

Fri, 27 Mar 2015 00:00:00 GMT

events
3 days 10 hours from now - New York
1 week 2 days from now - New Jersey
1 week 6 days from now - Zurich
2 weeks 2 days from now - New York
2 weeks 2 days from now - San Francisco
specialreports