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On December 16, 2014, the CFTC issued a no-action letter
extending and expanding upon previously issued relief in CFTC Staff
Letter No. 14-60, providing relief from oral recordkeeping
requirements for commodity trading advisors under CFTC Regulation
1.35(a). The relief is set to expire on the earlier of December 31,
2015, or the effective date of any action with respect to the
CFTC's recent proposal to amend Regulation 1.35(a), published
in the Federal Register on November 14, 2014.
The content of this article is intended to provide a general
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