Form CPO-PQR Relief for CPOs (Commodity Pool Operators) to Certain Exempt or Excluded Pools
On September 8, 2014, the DSIO issued CFTC Letter No. 14-115 (Letter 14-115), which grants exemptive relief from the requirement to file a Form CPO-PQR under CFTC Rule 4.27(c), where the CPO is registered but only operates pools pursuant to a claim of exemption from registration under CFTC Rule 4.13(a)(3) or for which the CPO maintains an exclusion from the definition of CPO under CFTC Rule 4.5. The relief is being granted since these CPOs only operate pools for which they do not have a reporting requirement. Reporting on a Form CPO-PQR would provide limited additional information regarding such CPOs beyond what is already available to the CFTC as part of the registration process and the CPO's ongoing obligations as a registrant.
A link to Letter 14-115 can be found here.