JD Supra

CFTC No-Action Letter Provides Interim Relief From CPO Registration for Certain Fund Managers

On Dec. 19, 2025, the Market Participants Division (MPD) of the Commodity Futures Trading Commission (CFTC) issued No-Action Letter 25-50 (the “Letter”), which provides interim no-action relief from ...
JD Supra

CFTC No-Action Letter 25-50 Provides Interim Registration Relief for Certain Private Fund Managers

The Commodity Futures Trading Commission’s new no-action relief creates a temporary pathway for certain private fund managers to avoid or de-register from commodity pool operator (CPO) registration.