• CFTC Amends Reporting Requirements for Commodity Pool Operators
  • December 10, 2009
  • Law Firm: Alston & Bird LLP - Atlanta Office
  • The Commodity Futures Trading Commission (CFTC) recently adopted amendments to its regulations governing the reporting requirements of registered commodity pool operators (CPOs) with respect to the commodity pools they operate. Under current CFTC rules and regulations, registered CPOs must distribute to their investors (i) an account statement within 30 days of the calendar month if the pool’s net asset value is greater than $500,000 at the beginning of its fiscal year (otherwise within 30 days of the end of the fiscal quarter of the pool), and (ii) annual financial statements within 90 days of the end of the pool’s fiscal year, which must also be filed with the National Futures Association (NFA).