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CFTC RIN: 3038-AE46 Publication ID: Fall 2020 
Title: Exemption From Registration for Certain Foreign Persons Acting as Commodity Pool Operators of Offshore Commodity Pools 
Abstract:

The Commodity Futures Trading Commission ("Commission") is proposing to amend Commission regulation 3.10(c)(2) and (3). The proposed amendment would amend the conditions under which persons located outside the United States acting in the capacity of an introducing broker, commodity trading advisor, or commodity pool operator in connection with commodity interest transactions solely on behalf of persons located outside the United States, or on behalf of certain international financial institutions, would qualify for an exemption from registration with the Commission.

 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 17 CFR 3.10   
Legal Authority: 7 U.S.C. 1a    7 U.S.C. 2    7 U.S.C. 6a to 6i    7 U.S.C. 6k    7 U.S.C. 6m to 6p    7 U.S.C. 6s    7 U.S.C. 8 to 9a    7 U.S.C. 12 to 12a    7 U.S.C. 13b to 13c    7 U.S.C. 16a    7 U.S.C. 18 and 19    7 U.S.C. 21    7 U.S.C. 23   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/05/2016  81 FR 51824   
NPRM Comment Period End  09/06/2016 
NPRM; Reopening of Comment Period  06/12/2020  85 FR 35820   
NPRM; Reopening of Comment Period End  08/11/2020 
Final Rule  11/00/2020 
Final Rule Effective  12/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Amanda L. Olear
Director, Market Participants Division
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5283
Email: aolear@cftc.gov

Frank Fisanich
Chief Counsel, Market Participants Division
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5949
Email: ffisanich@cftc.gov

Pamela M. Geraghty
Deputy Director, Market Participants Division
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5634
Email: pgeraghty@cftc.gov

Elizabeth Groover
Special Counsel, Market Participants Division
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 481-5985
Email: egroover@cftc.gov