The Commodity Futures Trading Commission has issued its annual guidance letter to registered commodity pool operators (CPOs), intended to assist CPOs and their public accountants in the preparation and filing of annual financial reports. The letter covers a number of relevant topics, including recent amendments to relevant CFTC regulations, filing procedures and due dates, considerations applicable to master/feeder and fund of funds structures, exceptions to the use of generally accepted accounting principles, reporting requirements for pools in liquidation and series funds with limited liability among different series, and various accounting developments.  

The CFTC press release can be found here.

The guidance letter can be found here.