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CFTC staff advisory on commodity trading advisers and swaps 

January 17, 2014
The Lawyer

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 imposed additional new requirements on commodity trading advisers (CTAs) and amended the definition of CTA in the Commodity Exchange Act (CEA) to include any person who engages in the business of advising others on swaps.

As a result, the CEA and the regulations of the Commodity Futures Trading Commission applicable to CTAs will generally apply to an expanded group of advisers. In addition, certain CTAs previously exempt from registration are now required to register because of the rescission of Regulation 4.13(a)(4) and amendments to Regulation 4.5.

Read more: The Lawyer

 
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