Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document outlines the exemption of the General Partner of the Access Fund from registration with the CFTC as a Commodity Pool Operator (CPO) and Commodity Trading Advisor (CTA) under specific CFTC rules. It details the conditions and limitations of this exemption, including restrictions on the fund's exposure to commodity interests and investor qualifications.
Metadata
- Subject
- EXEMPTION FROM REGISTRATION UNDER COMMODITY EXCHANGE ACT
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0039192, SDNY GM_00185376
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| General Partner | Regulatory | CFTC | General Partner seeks exemption from registration with the CFTC as a CPO. |
| Access Fund | Business | General Partner | The General Partner manages the Access Fund. |
Notable Quotes 2
ALTHOUGH THE ACCESS FUND IS PERMITTED TO DIRECTLY OR INDIRECTLY TRADE COMMODITY FUTURES, SWAPS AND/OR OTHER COMMODITY INTERESTS (COLLECTIVELY, "COMMODITY INTERESTS"), THE GENERAL PARTNER IS EXEMPT FROM REGISTRATION WITH THE U.S. COMMODITY FUTURES TRADING COMMISSION ("CFTC") AS A COMMODITY POOL OPERATOR ("CPO") AND PLANS TO FILE WITH THE NATIONAL FUTURES ASSOCIATION (THE "NFA") A NOTICE OF EXEMPTION FROM REGISTRATION WITH THE CFTC AS A CPO PURSUANT TO CFTC RULE 4.13(a)(3).
THE CFTC DOES NOT PASS UPON THE MERITS OF PARTICIPATING IN A POOL OR UPON THE ADEQUACY OR ACCURACY OF AN OFFERING MEMORANDUM. CONSEQUENTLY, THE CFTC HAS NOT REVIEW OR APPROVED THIS OFFERING OR THIS MEMORANDUM.
Financial Information
Amounts:5% of the liquidation value of the Access Fund100% of the liquidation value of the Access Fund's portfolio25% or greater interest in the Access Fund
Assets:
- Commodity interest positions
- Liquidation value of the Access Fund
- Liquidation value of the Access Fund's portfolio
Transactions:
- Trading of commodity futures, swaps and/or other commodity interests
Legal Compliance
- Compliance with CFTC Rule 4.13(a)(3) and CFTC Rule 4.14(a)(5) for exemption from CPO and CTA registration, respectively.
- Requirement for investors with 25% or greater interest in the Access Fund to comply with CFTC position limits.
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationBusiness dealingsCompliance issues
People 1
Organizations 3
Access FundU.S. Commodity Futures Trading Commission (CFTC)National Futures Association (NFA)
Locations 1
United States
Text Analysis
- Tone
- Informative
- Purpose
- To explain the General Partner's exemption from registration with the CFTC as a Commodity Pool Operator (CPO) and Commodity Trading Advisor (CTA) and the conditions for that exemption.
- Significance
- This document outlines the regulatory framework under which the Access Fund operates and the exemptions it relies upon.
File Info
- File Name
- EFTA01354597.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:38.323563
- DOJ Source
- View on DOJ