CFTC Responds by Proposing Changes to CFTC Regulations Regarding Disclosure Documents
The CFTC recently proposed a change to its regulations based on a request from the NFA. The proposed regulations would require CPO and CTA disclosure documents to be submitted only online to the NFA for approval. The CFTC is requesting comments on this proposal which must be recieved on or before December 26, 2008. The Hedge Fund Law Blog will be sumitting comments on this proposal. We believe that this is a good change. We may also ask for clarification to make sure that such requirement will also apply to Forex CTOs and Forex CTAs. Please let us know if you have any comments to the proposed rules which are reprinted in their entirety below.