CFTC Grants Family Offices No-Action Relief from registration as CTAs

2 December 2014
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Key takeaway

  • In a recent letter, the Division of Swap Dealer and Intermediary Oversight of the Commodity Futures Trading Commission offered no-action relief from registration as a commodity trading advisor to certain family offices that (i) submit a claim for the relief and (ii) remain in compliance with rule 202(a)(11)(G)-1 under the Investment Advisers Act of 1940.