• The Dodd-Frank Act May Require Registration as a “Commodity Pool Operator” and a “Commodity Trading Advisor” for Entities Associated with Securitization Transactions
  • July 24, 2012 | Authors: Aaron J. Benjamin; Francisco J. Linares; Patrick T. Quinn; Ray I. Shirazi
  • Law Firms: Cadwalader, Wickersham & Taft LLP - Charlotte Office ; Cadwalader, Wickersham & Taft LLP - New York Office ; Cadwalader, Wickersham & Taft LLP - Charlotte Office ; Cadwalader, Wickersham & Taft LLP - New York Office
  • Upon effectiveness of the U.S. Commodity Futures Trading Commission (“CFTC”) final rules defining “swaps” under the Dodd-Frank Act, entities associated with securitization transactions may be required to register as commodity pool operators (“CPOs”) and/or commodity trading advisors (“CTAs”). Absent exemptive relief, these registration requirements will apply irrespective of whether the “swaps” are subject to mandatory clearing under the Dodd-Frank Act.