Market regulation · 28/08/1997

CFTC Exempts Commodity Trading Advisors from Registration Under Section 4m(1) of the Commodity Exchange Act

The Commodity Futures Trading Commission (CFTC) has exempted commodity trading advisors from registration under Section 4m(1) of the Commodity Exchange Act, effectively limiting the commission's jurisdiction over these advisors. This exemption applies to advisors who meet specific criteria, as outlined in the CFTC's proposed rulemaking.