09/16/2024 | News release | Distributed by Public on 09/16/2024 15:26
The CFTC has published a final rule that amends Regulation 4.7, which provides exemptions from certain compliance requirements for Commodity Pool Operators (CPOs) and Commodity Trading Advisors (CTAs). The amendments, the first since 1992, include raising the monetary thresholds for qualifying as a Qualified Eligible Person (QEP), codifying exemptive letters for Funds of Funds, and making technical improvements for efficiency. The rule will take effect 60 days after publication, with compliance deadlines varying for different provisions.
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