The Division of Swap Dealer and Intermediary Oversight declined to grant a request by an unnamed commodity pool operator not to file audited financial statements on behalf of three funds, as required, covering the period January 2017 through February 2018. The CPO had claimed that “almost total losses” caused the funds to cease trading in February 2018. The CPO, with the consent of the funds’ investors, had sought the relief to maximize the investors’ final distributions by not incurring audit costs. The CFTC said that waiving the requirement could be “detrimental to the interests of the Pools’ participants, notwithstanding their desire to maximize any funds returned to them.”