The US Commodity Futures Trading Commission (CFTC) has issued an exemptive letter which provides relief from certain provisions restricting marketing to the public.
This exemptive letter harmonises certain regulations, which, as amended by the Securities and Exchange Commission (SEC) pursuant to the Jumpstart Our Business Startups Act (JOBS Act), permit general solicitation or advertising subject to specific conditions.
CPOs wanting to rely upon this exemptive letter must first meet the conditions of relief, which include filing a notice with DSIO staff.
The relief this exemptive letter provides will remain in place until the effective date of any final Commission action in consideration of the JOBS Act and the SEC’s amendments.
