On August 14th, the CFTC's Division of Swap Dealer and Intermediary Oversight issued a set of responses to frequently asked questions regarding compliance obligations for Commodity Pool Operators and Commodity Trading Advisors. The FAQs address a variety of issues and concerns related to the compliance obligations for CTAs and CPOs including: compliance dates, wholly owned subsidiaries, trading limits, and the process for transitioning from an exemption from registration under Commission regulation 4.13(a)(4) to either registering or claiming another exemption. Additional supplements or revisions will be made as needed. CFTC Press Release.