CFTC Provides No-Action Relief To Certain Delegating Commodity Pool Operators

21 October 2014
View Client Update

Key takeaways:

  • CFTC staff letter 14-126 provides no-action relief to certain CPOs that delegate responsibilities as CPO to a registered CPO.
  • Letter 14-126 provides automatic relief for qualifying CPOs, and replaces CFTC staff letter 14-69, which provided similar relief but required a written request.