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CFTC proposes registration relief for SEC-registered private fund advisers

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The proposal is potentially good news for affected advisers, but firms should not assume that they will automatically qualify for the new exemption.

We are monitoring the CFTC’s proposed restoration of commodity pool operator registration relief for certain SEC-registered investment advisers, which could reduce duplicative CFTC registration requirements for qualifying private fund advisers.

What happened

The CFTC has proposed a rule that could reduce duplicative regulatory requirements for certain SEC-registered investment advisers that

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