The Division of Clearing and Intermediary Oversight (DCIO) of the Commodity Futures Trading Commission has granted exemptive relief to a registered commodity pool operator (CPO), granting exemptive relief from certain of the disclosure, reporting and recordkeeping requirements of CFTC Regulations 4.21, 4.22 and 4.23 in connection with the operation of funds that have been structured in a manner similar to exchange-traded funds and which have been listed for trading on a national securities exchange. Among other things, DCIO exempted the CPO from the requirement that it obtain an investor’s signed acknowledgment of receipt of the fund’s Disclosure Document based upon the availability of that Document on the Internet. The relief is conditioned upon alternative compliance with the above regulations.

 http://www.cftc.gov/stellent/groups/public/@lrletter08/documents/letter/08-01.pdf