October 11, 2012

CFTC’s Division of Swap Dealer and Intermediary Oversight Issues Interpretative Guidance to Equity REITs and Certain Securitization Funds

Washington, DC – The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight today issued interpretative guidance letters to equity real estate investment trusts and asset-backed securities funds. The guidance states that equity real estate investment trusts and securitization funds that meet certain criteria are not included within the definition of “commodity pool” and their operators are not “commodity pool operators” under the Commodity Exchange Act and the CFTC’s regulations.

Last Updated: October 11, 2012