May 29, 2009
Proposes Amendments to Compliance Rule 2-45
The National Futures Association (NFA) proposed new amendments to Compliance Rule 2-45 regarding prohibition of loans by pools to commodity pool operators and related parties. The amendment states that no Member CPO may permit a commodity pool to use any means to make a direct or indirect loan or advance [...]
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January 10, 2009
CPOs Reminded to Always File Timely Reports
The following release details the CFTC sanctions against four commodity pool operators (CPOs) for failure to make timely filings with the NFA. The CPOs failed to make filings of the respective commodity pool annual report. This report must be provided to all pool participants (investors) and must also be [...]
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NFA sends request for financials to Commodity Hedge Funds
September 29, 2008Hedge fund managers which are licensed as commodity pool operators (CPOs) should have received an email from the NFA which requests certain financial information. While not disclosed on their website, the NFA sent a request on Friday to all of the CPO Members. Each member will need to make a filing which represents (i) the [...]