Commodity pool operator compliance manual

• The sponsor of a commodity pool is a commodity pool operator (CPO). • The investment manager of a commodity pool is a commodity trading advisor (CTA). • Absent an exemption, a CPO CTA must register with the CFTC. Often the CPO CTA are the same entity. executing their compliance obligations.”.  · This document serves as GP’s written policy and procedures and is referred to as the “Compliance Manual”. The purpose of this Compliance Manual is to create a strong system of controls designed to prevent violations of the various securities laws and to protect the interests of GP and its clients. The purpose of the Compliance Manual is to foster, among other things, .  · As amended by the Dodd-Frank Act, section 1a(11) of the Commodity Exchange Act (CEA or the Act) defines the term “commodity pool operator,” as any person engaged in a business that is of the nature of a commodity pool, investment trust, syndicate, or similar form of enterprise, and who, with respect to that commodity pool, solicits, accepts, or receives from Estimated Reading Time: 6 mins.

The Commodity Futures Trading Commission (CFTC or Commission) is proposing amendments to its regulations to permit commodity pool operators (CPOs) that only solicit and/or accept funds from non-U.S. persons for participation in offshore commodity pools to claim an exemption from CPO registration and compliance requirements with respect to such. Commodity pool operators CFTC Rule Retail foreign exchange dealers Commodity trading advisors CFTC Rule Introducing brokers Swap dealers and major swap participants CFTC Rules , and Members of contract markets Swap execution facilities CFTC Rules and Requirements All CFTC Registered Firms. Commodity Trading Advisor or Commodity Pool Operator. Turnkey is routinely asked about the advantages and disadvantages of starting a CTA or a CPO. - $2, to $10, for mandatory compliance manual* - $ to $ per US State for "Blue Sky" filings* Average Annual Ongoing Costs.

Practical guidance for CTA and CPO firms. Commodity Trading Advisors (CTAs) and Commodity Pool Operators (CPOs) have been contacting me with greater regularity and we have decided to provide those firms with more detailed information on their registration and compliance requirements. The Commodity Futures Trading Commission requires any person that claims an exemption or exclusion from Commodity Pool Operator registration or an exemption from Commodity Trading Advisor registration, to annually affirm the applicable notice of exemption or exclusion. Within 60 days of end of calendar year. Annual Delivery Requirements. In addition, firms typically include in their compliance manuals procedures for complying with other CFTC/NFA requirements, particularly the disclosure, reporting, and recordkeeping requirements relating to commodity pools found in Part 4 of the CFTC’s regulations. We discuss those requirements below. Firms that are registered.