Compliance Rules

Part 2 - Rules Governing the Business Conduct of Members Registered with the Commission

RULE 2-50. CPO NOTICE FILING REQUIREMENTS

[Adopted effective June 30, 2021.]

Each CPO Member must provide prompt notification, in the form and manner prescribed by NFA no later than 5:00 p.m. (CT) of the next business day upon the occurrence of one of the following events, in accordance with the related Interpretive Notice entitled CPO Notice Filing Requirements:

(a) CPO Member operates a commodity pool that is unable to meet a margin call(s);

(b) CPO Member operates a commodity pool that is unable to satisfy redemption requests in accordance with its subscription agreements;

(c) CPO Member operates a commodity pool that has halted redemptions and the halt on redemptions is not associated with pre-existing gates or lockups, or a pre-planned cessation of operations; or

(d) CPO Member receives notice from a swap counterparty that a pool the CPO Member operates is in default.