Tag Archives: CFTC Rule 4.13(a)(3)

CFTC Staff Provides JOBS Act Harmonization Exemptive Relief

Attention hedge funds, private equity funds, venture capital funds and other private funds. This evening, the CFTC Division of Swap Dealer and Intermediary Oversight issued CFTC Letter 14-116 providing exemptive relief (for some funds) from the general solicitation restrictions in CFTC Rules 4.7 and 4.13(a)(3) to harmonize the CFTC rules with the SEC rules changes arising from the Jumpstart Our Business Startups Act. Until now, many private funds have been unable to take advantage of provisions in the JOBS Act permitting general solicitation of investors due to restrictions in CFTC Rules 4.7 and 4.13(a)(3).… Continue Reading

NFA Notice I-12-20: (Soon to Be Former) CFTC Rule 4.13(a)(4) Claimants Can Now Pre-File For Exemptions Available Under Rule 4.7, 4.12 or CFTC Advisory 18-96

ATTENTION INVESTMENT FUNDS RELYING ON CFTC RULE 4.13(a)(4) – As you are most likely aware, the "4.13(a)(4)" exemption from CPO registration is on regulatory life support that will on 31 December 2012. On that date, any party relying on 4.13(a)(4) exemption will need to comply with the de minimis exemption from CPO registration under CFTC … Continue Reading
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