CFTC Staff Letters Archive

CFTC Staff Letters Archive provides Letters from 2007 and earlier. For Letters published 2008 or later visit the All Letters page.

There are no Advisory Letters or Other Written Communications for 2007 or earlier.

Date	PDF and Description
07/17/1984	84-11 ; Section 2(a)(1) and Regulation 4.10(d);; No-Action The Division of Trading and Markets granted CPO registration no-action relief to the operator of a registered investment company trading in futures markets. (T&M)
02/24/1984	84-05 ; Section 2(a)(1) and Regulation 4.10(d);; No-Action The Division of Trading and Markets granted CPO registration no-action relief to the operator of an investment company registered with the SEC. Division staff noted that it had in the past held the position that such companies were not “pools,” but that a no-action position was now a more appropriate position given the language of proposed Regulation 4.5. (T&M)
02/24/1984	84-04 ; Section 2(a)(1) and Regulation 4.10(d);; No-Action The Division of Trading and Markets granted CPO registration no-action relief to the operator of an investment company registered with the SEC. Division staff noted that it had in the past held the position that such companies were not “pools,” but that a no-action position was now a more appropriate given the language of proposed Regulation 4.5. (T&M)
09/01/1977	77-13 ; Section 4m(1);; No-Action The Office of General Counsel granted CTA registration no-action relief to an FCM that proposed to institute a program to trade customer accounts without specific prior approval for each trade. The customer’s accounts would not be pooled, but rather would be individually managed. (OGC)
09/09/1976	76-13A ; Section 4n;; No-Action The Office of General Counsel granted CTA disclosure no-action relief to an FCM required to register as a CTA by virtue of commodity trading advice engaged in that was not “solely incidental” to its business as an FCM. (OGC)
08/15/1976	76-21 ; Section 4m(1);; No-Action The Office of General Counsel granted no-action relief to the CPOs and CTAs involved in trading futures contracts, in both foreign and United States futures markets, through a registered FCM located in London, where all trading activity was done outside the United States by non-U.S. citizens. (OGC)
06/24/1976	76-14 ; Section 4m(1);; No-Action The Office of General Counsel granted CTA registration no-action relief to a company which advertised commodity trading services on behalf of a CTA and received checks from subscribers which it forwarded directly to the CTA. (OGC)
05/04/1976	76-11 ; Section 5a(12);; No-Action The Division of Trading and Markets granted no-action relief to the New York Cocoa Exchange in connection with its proposed change to Exchange Rule 3 that increased daily price limits for cocoa and limited the daily trading range for cocoa in any contract month. The relief was granted for a 60-day period as an interim measure to give the exchange time to adopt a variable price limit rule for cocoa.
04/12/1976	76-05 ; Section 4m(1);; No-Action The Office of General Counsel granted CTA registration no-action relief to a dealer of gold, silver, and other metals that distributed historical, statistical information regarding the prices of commodities for future delivery, along with comments, solely to its own customers at no charge. (OGC)
02/13/1976	76-02 ; Section 5a(12);; No-Action The Division of Trading and Markets granted no-action relief to the Kansas City Board of Trade for failure to submit cash market rules to the Commission for approval while the Commission determined whether cash market rules are within CFTC jurisdiction.