Commodity Pool Operator


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Commodity Pool Operator

An individual or a limited partnership that operates a commodity pool. That is, a commodity pool is a fund in which investors contribute capital for participation in the futures and option markets. The commodity pool operator is either the management of the commodity pool or, more commonly, is hired by management to make investment decisions on behalf of the pool. Generally speaking, a person or company hired to serve as a commodity pool operator is a licensed commodity trading adviser.
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A wholly-owned subsidiary of the company, NCAM is the manager and commodity pool operator of the Fund.
The company's services include set-up and registration of new investment advisers, broker/dealers, commodity pool operators, and commodity trading advisors; support for coordination and defense of actual regulatory audits, investigations, inquiries, and sweeps; and strategic counseling on fund organization, registration, and back and middle office staffing.
Debbie has represented registered and exempt commodity pool operators and commodity trading advisors for nearly 30 years and also regularly advises mutual funds, banks, insurance companies, endowments and foundations on commodities law matters.
Commodity pool operators and commodity trading advisors dually registered with the SEC and the CFTC are also required to file Form PF.
The CFTC order requires MCM, MCA and MA, all of whom are CFTC registrants, jointly and severally, to pay a $25 million civil monetary penalty and restricts their registrations as Commodity Pool Operators and/or Commodity Trading Advisors for three years.