Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.
The CFTC issued no-action relief to entities operating issuers of insurance-linked securities which exempt them from commodity pool operator registration, subject to certain conditions.
To print this article, all you need is to be registered or login on Mondaq.com.
On December 19, 2014, the CFTC issued no-action relief to
entities operating issuers of insurance-linked securities
("ILS Issuer") which exempt them from commodity pool
operator registration, subject to certain conditions. To claim the
relief, an operator of an ILS Issuer must file a notice of
exemption with the National Futures Association pursuant to CFTC
Regulation 4.13(b).
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
