On October 15, 2014, the CFTC’s Division of Swap Dealer and Intermediary Oversight announced the provision of self-executing registration no-action relief for certain commodity pool operators (“CPOs”) who delegate certain activities to a registered CPO and meet the conditions specified in the CFTC no-action letter.

In the no-action letter, the CFTC also stated that it will no longer consider requests for no-action relief pursuant to the approach described in previous no-action Letter 14-69, including any requests submitted to the CFTC that were still pending. For more details, you may like to read our client note at:


The full text of the CFTC no-action letter is available at: