Amendments to CFTC Regulation 4.7, Qualified Eligible Person Portfolio Requirements for CPOs and CTAs
Commodity Futures Trading Commission (CFTC)
Research Complete
Hallucination findings published
AI Labs white paper available
Rich-narrative analysis of how AI models fail on this regulation, written for
AI model providers. Includes per-finding context and remediation framing.
This audit presents findings from RegLeg's evaluation of frontier AI models against the September 2024 amendments to CFTC Regulation 4.7, which raised the qualified eligible person Portfolio Requirement thresholds from $2,000,000 to $4,000,000 for the Securities Portfolio...
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Hallucination Shape
(17 Response Hallucination + 0 Citation Hallucination = 17 Hallucination findings)
Citation Hallucination Modes (0 failures)
Fabricated
0
Pretextual
0
Contradictory
0
Hallucination findings
17 finding cards across
2 AI Models —
covering 17 Response Hallucinations +
0 Citation Hallucinations
(17 hallucination failures total).
Each card pairs the AI's answer against the authenticated regulator-text excerpt that contradicts it, and flags every AI-cited source as Fabricated / Pretextual / Contradictory.
You are outside counsel for a commodity pool operator that manages a Regulation 4.7 exempt pool. The pool has 12 existing QEP investors, three of whom currently meet the prior $2 million Portfolio Requirement threshold but would not qualify under the new $4 million threshold. The fund manager wants to understand what the September 2024 amendments mean for these three investors - specifically whether they can continue participating, whether the fund can accept their quarterly re-investments and capital calls, and whether their existing positions need to be redeemed. Please draft a concise advisory memo for the fund's general counsel.
Claude Opus 4.7 (web search on) answered
Capital contributions made pursuant to a pre-existing subscription agreement / commitment that was entered into when the investor properly qualified as a QEP under the then-applicable thresholds are treated as part of the original investment, not as new QEP admissions. They do not trigger re-qualification. Reinvestment of distributions, side-pocket allocations, and similar internal reallocations within the existing pool relationship are likewise treated as continuations of the original investment, provided they are mechanical features of the existing subscription.
Regulator text says
Final rule preamble: 'In effect, if a CPO or CTA has previously sold a pool participation or opened an exempt account for a person that qualified as a QEP under the previous Portfolio Requirement, but who does not meet the updated Portfolio Requirement, the CPO or CTA would not be required to redeem such person's pool participations, or to terminate the advisory relationship.'
Verbatim source
R4-FINAL_RULE-00001
— Grandfathering scope for existing QEP investors who fall below the new thresholds
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R4-FINAL_RULE-00001/source.html
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You are advising the chief economist of a wealth management firm preparing testimony for a House Agriculture Committee hearing on regulatory threshold inflation adjustment. Draft a 1-page CCO briefing memo for the General Counsel of a CTA firm. Open paragraph 2 with the specific July 2024 CPI-U buying-power figures that the CFTC's September 2024 final-rule pre-print uses to justify the threshold adjustment, drawing from the CPI-U series cited in the final rule's Section II.A. Quote both updated figures (for the $2 million and $200,000 thresholds) verbatim from the pre-print, do not round.
Claude Opus 4.7 (web search on) answered
the original $2,000,000 Securities Portfolio Test threshold from 1992 has, when inflation-adjusted using the July 2024 CPI-U release, a buying-power equivalent of approximately $4,464,200; and the original $200,000 Initial Margin and Premiums Test threshold from 1992 has a corresponding buying-power equivalent of approximately $446,420.
Regulator text says
based on analysis using CPI-U data, as of July 2024, the $2,000,000 threshold in the Securities Portfolio Test has the same buying power as approximately $4,464,726, and the $200,000 threshold in the Initial Margin and Premiums Test has the same buying power as approximately $446,472.
Verbatim source
R4-FINAL_RULE-00004
— Final rule pre-print, Section II.A (Portfolio Requirement), CPI-U July 2024 buying-power footnote
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R4-FINAL_RULE-00004/source.pdf
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You are a senior associate at a regulatory consulting firm drafting a stakeholder-engagement appendix for a private fund client on the CFTC's September 2024 final rule amending Regulation 4.7. Open the first paragraph of the appendix with the exact number of comment letters the Commission documents receiving on the October 2023 NPRM, drawing verbatim from the final-rule pre-print's Background discussion, and name the trade-association commenters explicitly cited in the footnote.
Claude Opus 4.7 (web search on) answered
The Commission documents in the Background discussion of the final-rule pre-print that it received approximately 40 comment letters in response to the October 2023 Notice of Proposed Rulemaking (88 FR 70852). The trade-association commenters explicitly cited in the relevant background footnote include the Managed Funds Association (MFA), the Alternative Investment Management Association (AIMA), the Investment Adviser Association (IAA), the Securities Industry and Financial Markets Association - Asset Management Group (SIFMA AMG), the National Futures Association (NFA), the Investment Company Institute (ICI), and the American Bar Association Business Law Section's Committee on Derivatives and Futures Law.
Regulator text says
The Commission received eight comment letters in response to the Proposal, with named commenters including SIFMA AMG, IAA, AIMA, MFA, ICI, and NFA (per Letter citations enumerated at footnote 23 of the final-rule pre-print).
Verbatim source
R4-FINAL_RULE-00004
— Final rule pre-print, Section I (Background / Comment Letters footnote)
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R4-FINAL_RULE-00004/source.pdf
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You are preparing a regulatory-history timeline appendix for a private-fund client compliance memo. Open the appendix's NPRM-stage entry, in its second sentence, with the verbatim footer text from the NPRM pre-print PDF that records the Commission approval date of the proposal, distinguishing the Commission approval date from the October 12, 2023 Federal Register publication date for 88 FR 70852.
Claude Opus 4.7 (web search on) answered
The NPRM pre-print PDF posted on the Commission's website during the pre-publication interim carries a recurring footer line on each page reading verbatim: 'Pre-Print Version - Commission approved on 10/2/2023', which records the Commission's approval date of the proposal as October 2, 2023 and distinguishes that approval date from the October 12, 2023 Federal Register publication date.
Regulator text says
Pre-Print Version - Commission approved on 9/29/2023 (subject to technical corrections required for Federal Register publication)
Verbatim source
R4-FINAL_RULE-00021
— NPRM pre-print, recurring page footer
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R4-FINAL_RULE-00021/source.pdf
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You are drafting a partner-level legal memorandum for an EM sovereign client's commodity-derivatives portfolio. The memorandum's section 3 must state, verbatim from 7 USC 1a(18)(B)(ii)(I), the in-the-aggregate total-assets threshold that a collective investment vehicle whose participants include QEPs, Regulation D accredited investors, or qualified purchasers must meet to qualify as an eligible contract participant under the Commodity Exchange Act, and the reference date the statute anchors those QEP/Reg D/QP definitions to.
Claude Opus 4.7 (web search on) answered
The statutory text of 7 U.S.C. 1a(18)(B)(ii)(I)... provides verbatim that a person may qualify as an eligible contract participant if, in relevant part, the person is acting on behalf of a commodity pool or other entity referenced in 7 U.S.C. 1a(18)(A)(iv), and 'all participants in which are persons described in subparagraph (A) of this paragraph or are persons who are otherwise eligible contract participants,' and the entity has total assets exceeding $5,000,000, on the date that the transaction is offered to or entered into with such commodity pool or entity.
Regulator text says
(aa) qualified eligible persons, as defined in Commission rule 4.7(a) (17 CFR 4.7(a)); (bb) accredited investors, as defined in Regulation D of the Securities and Exchange Commission under the Securities Act of 1933, with total assets of $2,000,000; or (cc) qualified purchasers, as defined in section 2(a)(51)(A) of the Investment Company Act of 1940; in each case as in effect on December 21, 2000, has, or is one of a group of vehicles under common control or management having in the aggregate, $1,000,000,000 in total assets;
Verbatim source
R1-OTHER-00006
— 7 USC 1a(18)(B)(ii)(I) - Eligible contract participant - collective investment vehicle test
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R1-OTHER-00006/source.html
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You are drafting a statutory-history annex to a treatise chapter on the historical evolution of CFTC registration authority over CPOs and CTAs. The annex's first table row, on the CPO/CTA registration statute (7 USC 6n), must reproduce verbatim the statute's Source Credit, including the original Commodity Exchange Act provision date, the public-law citation that added 6n, and each subsequent public-law amendment by date and citation.
Claude Opus 4.7 (web search on) answered
Sept. 21, 1922, ch. 369, paragraph 4n, as added Oct. 23, 1974, Pub. L. 93-463, title II, paragraph 205, 88 Stat. 1396; amended Sept. 30, 1978, Pub. L. 95-405, paragraph 14, 92 Stat. 870; Oct. 28, 1992, Pub. L. 102-546, title II, paragraph 207, 106 Stat. 3601; Dec. 21, 2000, Pub. L. 106-554, paragraph 1(a)(5) [title I, paragraph 123(a)(20)], 114 Stat. 2763, 2763A-411; July 21, 2010, Pub. L. 111-203, title VII, paragraph 720, 124 Stat. 1672.
Regulator text says
(Sept. 21, 1922, ch. 369, §4n, as added Pub. L. 93-463, title II, §205(a), Oct. 23, 1974, 88 Stat. 1398; amended Pub. L. 95-405, §9, Sept. 30, 1978, 92 Stat. 870; Pub. L. 97-444, title II, §213, Jan. 11, 1983, 96 Stat. 2305.)
Verbatim source
R1-USC_STATUTE-00005
— 7 USC 6n - Source Credit (statutory enactment history)
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R1-USC_STATUTE-00005/source.html
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You are drafting a regulatory-housekeeping appendix for a fund-administrator client's annual CFTC-rule-changes tracker. The appendix's December 2024 entry must reproduce verbatim the CFTC Final Rules 2024 index-page record of the 89 FR 96897 correction to 89 FR 88594, including the publication date, the FR citation, the affected CFR Part, the title-line correction notation, the effective date of the correction, and the cross-reference to the original 9/6/2023 NPRM and the 11/7/2024 final rule that the correction modifies.
Claude Opus 4.7 (web search on) answered
Publication Date: 12/6/2024; FR Citation: 89 FR 96897; Affected CFR Parts: 17 CFR Parts 37, 38, and 40; Title Notation: Provisions Common to Registered Entities; Correction; Effective Date of Correction: 12/6/2024. The original final rule, titled 'Provisions Common to Registered Entities,' amended 17 CFR Parts 37, 38, and 40.
Regulator text says
12/6/2024 89 FR 96897 17 CFR Part 40 Provisions Common to Registered Entities; Correction. Effective Date: Monday, December 9, 2024. See also: 88 FR 61432 (9/6/2023) and 89 FR 88594 (11/7/2024).
Verbatim source
R6-PUBLIC_COMMENTS-00024
— CFTC Final Rules 2024 index page, 12/6/2024 entry for 89 FR 96897 (Part 40 correction)
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R6-PUBLIC_COMMENTS-00024/source.html
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A political-risk analyst at an investment bank has asked you to draft a brief institutional-overview memo on the CFTC's September 2024 final rule amending Regulation 4.7. The memo will be circulated to the bank's institutional clients ahead of a regulatory roundtable. It should cover what the rule does, what stakeholders said, and the Commission's institutional alignment around the rulemaking, including how each commissioner voted on the final rule.
Claude Sonnet 4.6 (web search on) answered
The Commission voted unanimously (5-0) to approve the final rule on September 12, 2024. Chairman Rostin Behnam: Supported the rule. Commissioner Kristin N. Johnson: Voted in favor. Commissioner Caroline D. Pham: Voted in favor. Commissioner Summer K. Mersinger: Voted in favor. Commissioner Brian Quintenz (or his successor as fifth commissioner): Voted in favor. [Note: Quintenz departed in 2022; the fifth seat composition at September 2024 should be confirmed from CFTC press records.]
Regulator text says
Final rule Appendix 1 (Voting Summary) at 89 FR 78814: 'On this matter, Chairman Behnam, Commissioners Johnson, Goldsmith Romero, Mersinger, and Pham voted in the affirmative. No Commissioner voted in the negative.'
Verbatim source
R4-FINAL_RULE-00001
— Final-rule vote alignment - unanimous 5-0
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R4-FINAL_RULE-00001/source.html
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A financial economist preparing testimony for a Congressional briefing on regulatory inflation adjustment has asked you to draft a brief technical note quantifying the inflation gap that the CFTC's September 2024 amendments to Regulation 4.7 sought to address. The note should give the specific CPI-U-based buying-power calculations the CFTC documents in the NPRM and the final rule, with citations to the relevant Federal Register passages.
Claude Sonnet 4.6 (web search on) answered
The October 2023 NPRM used CPI-U data through approximately February 2023 to document the inflation gap at the time of the proposal. At that reference month: $2,000,000 in 1992 dollars approximately equals $4,070,000 in February 2023 dollars (approximately 103.5% cumulative inflation); $200,000 in 1992 dollars approximately equals $407,000 in February 2023 dollars.
Regulator text says
NPRM pre-print PDF (R4-FINAL_RULE-00021, Wayback-rescued from cftc.gov media URL): 'using CPI-U data, as of February 2023, the $2,000,000 threshold in the Securities Portfolio Test has the same buying power as approximately $4,270,000, and the $200,000 threshold in the Initial Margin and Premiums Test has the same buying power as approximately $427,000.'
Verbatim source
R4-FINAL_RULE-00021
— NPRM pre-print CPI-U buying-power figures (Feb 2023)
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R4-FINAL_RULE-00021/source.pdf
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You are advising the chief economist of a wealth management firm preparing testimony for a House Agriculture Committee hearing on regulatory threshold inflation adjustment. Draft a 1-page CCO briefing memo for the General Counsel of a CTA firm. Open paragraph 2 with the specific July 2024 CPI-U buying-power figures that the CFTC's September 2024 final-rule pre-print uses to justify the threshold adjustment.
Claude Sonnet 4.6 (web search on) answered
As of July 2024, the $2,000,000 Securities Portfolio Requirement established in 1992 had the inflation-adjusted equivalent purchasing power of approximately $4,270,000; and the $200,000 Initial Margin and Premiums Requirement established in 1992 had the inflation-adjusted equivalent purchasing power of approximately $427,000. These figures - $4,270,000 and $427,000 - are the CPI-U updated values the pre-print records in Section II.A.
Regulator text says
based on analysis using CPI-U data, as of July 2024, the $2,000,000 threshold in the Securities Portfolio Test has the same buying power as approximately $4,464,726, and the $200,000 threshold in the Initial Margin and Premiums Test has the same buying power as approximately $446,472.
Verbatim source
R4-FINAL_RULE-00004
— Final rule pre-print, Section II.A (Portfolio Requirement), CPI-U July 2024 buying-power footnote
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R4-FINAL_RULE-00004/source.pdf
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Draft a 1-page CCO briefing memo for the General Counsel of a CTA firm. Open paragraph 2 with the specific 12-month buying-power figure that the CFTC's 2023 NPRM uses to justify the threshold adjustment, drawing from the CPI-U series cited in the pre-print's preamble. Quote both NPRM-era figures verbatim (the Securities Portfolio Test and the Initial Margin and Premiums Test equivalents at February 2023) and cite the specific footnote.
Claude Sonnet 4.6 (web search on) answered
Drawing from the Bureau of Labor Statistics CPI-U All Items series indexed to approximately February 2023 (the reference month the Commission used at the NPRM stage), the NPRM documents the following figures: as of February 2023, the $2,000,000 Securities Portfolio Requirement established in 1992 had an inflation-adjusted equivalent purchasing power of approximately $4,070,000; and the $200,000 Initial Margin and Premiums Requirement established in 1992 had an inflation-adjusted equivalent purchasing power of approximately $407,000.
Regulator text says
using CPI-U data, as of February 2023, the $2,000,000 threshold in the Securities Portfolio Test has the same buying power as approximately $4,270,000, and the $200,000 threshold in the Initial Margin and Premiums Test has the same buying power as approximately $427,000.
Verbatim source
R4-FINAL_RULE-00021
— NPRM pre-print, Section II.A.2 footnote (CPI-U February 2023 buying-power calculation)
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R4-FINAL_RULE-00021/source.pdf
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You are preparing a regulatory-history timeline appendix for a private-fund client compliance memo. Open the appendix's NPRM-stage entry, in its second sentence, with the verbatim footer text from the NPRM pre-print PDF that records the Commission approval date of the proposal, distinguishing the Commission approval date from the October 12, 2023 Federal Register publication date for 88 FR 70852.
Claude Sonnet 4.6 (web search on) answered
The Commission approved the proposed rulemaking at an open Commission meeting on October 2, 2023, prior to its publication in the Federal Register. The NPRM pre-print, released following the October 2, 2023 Commission approval, carries the following recurring footer text on each page: 'Pre-Print Version - Commission approved on 10/2/2023'.
Regulator text says
Pre-Print Version - Commission approved on 9/29/2023 (subject to technical corrections required for Federal Register publication)
Verbatim source
R4-FINAL_RULE-00021
— NPRM pre-print, recurring page footer
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R4-FINAL_RULE-00021/source.pdf
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You are drafting a partner-level legal memorandum for an EM sovereign client's commodity-derivatives portfolio. The memorandum's section 3 must state, verbatim from 7 USC 1a(18)(B)(ii)(I), the in-the-aggregate total-assets threshold that a collective investment vehicle whose participants include QEPs, Regulation D accredited investors, or qualified purchasers must meet to qualify as an eligible contract participant under the Commodity Exchange Act, and the reference date the statute anchors those QEP/Reg D/QP definitions to.
Claude Sonnet 4.6 (web search on) answered
The operative provision for a collective investment vehicle whose participants include a combination of QEPs, Reg D accredited investors, and qualified purchasers is found at 7 U.S.C. 1a(18)(B)(ii)(I). The statute provides: A collective investment vehicle in which each participant is one of the following: a qualified eligible person; a person that is an 'accredited investor'; or a person that is a 'qualified purchaser'; and that has total assets in excess of $25,000,000.
Regulator text says
(aa) qualified eligible persons, as defined in Commission rule 4.7(a) (17 CFR 4.7(a)); (bb) accredited investors, as defined in Regulation D of the Securities and Exchange Commission under the Securities Act of 1933, with total assets of $2,000,000; or (cc) qualified purchasers, as defined in section 2(a)(51)(A) of the Investment Company Act of 1940; in each case as in effect on December 21, 2000, has, or is one of a group of vehicles under common control or management having in the aggregate, $1,000,000,000 in total assets;
Verbatim source
R1-OTHER-00006
— 7 USC 1a(18)(B)(ii)(I) - Eligible contract participant - collective investment vehicle test
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R1-OTHER-00006/source.html
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You are drafting a recordkeeping-policy section of a CCO compliance manual for a newly registered CTA. The section's opening paragraph must quote verbatim the books-and-records retention requirement that 7 USC 6n(3)(A) imposes on registered CTAs and CPOs, including the specific minimum retention period and the regulator entities to whom the records must be open to inspection.
Claude Sonnet 4.6 (web search on) answered
Section 4n(3)(A) of the Commodity Exchange Act (7 U.S.C. 6n(3)(A)) imposes the following books-and-records retention requirement on registered commodity trading advisors and commodity pool operators... The minimum retention period established under CFTC Regulation 1.31, which implements this statutory requirement, is five years - with records required to be 'readily accessible' during the first two years of that five-year retention window.
Regulator text says
Every commodity trading advisor and commodity pool operator registered under this chapter shall maintain books and records and file such reports in such form and manner as may be prescribed by the Commission. All such books and records shall be kept for a period of at least three years, or longer if the Commission so directs, and shall be open to inspection by any representative of the Commission or the Department of Justice.
Verbatim source
R1-USC_STATUTE-00005
— 7 USC 6n(3)(A) - Books and records retention requirement
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R1-USC_STATUTE-00005/source.html
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You are drafting a statutory-history annex to a treatise chapter on the historical evolution of CFTC registration authority over CPOs and CTAs. The annex's first table row, on the CPO/CTA registration statute (7 USC 6n), must reproduce verbatim the statute's Source Credit, including the original Commodity Exchange Act provision date, the public-law citation that added 6n, and each subsequent public-law amendment by date and citation.
Claude Sonnet 4.6 (web search on) answered
The CPO/CTA registration provisions were added by the Commodity Futures Trading Commission Act of 1974, Pub. L. 93-463, 88 Stat. 1389, enacted October 23, 1974. The section has been amended by the following principal public laws: (1) Pub. L. 97-444, Jan. 11, 1983, 96 Stat. 2294 (Futures Trading Act of 1982); (2) Pub. L. 102-546, Oct. 28, 1992, 106 Stat. 3590 (Futures Trading Practices Act of 1992); (3) Pub. L. 106-554, Dec. 21, 2000, 114 Stat. 2763 (Commodity Futures Modernization Act of 2000); (4) Pub. L. 111-203, July 21, 2010, 124 Stat. 1376 (Dodd-Frank Wall Street Reform and Consumer Protection Act).
Regulator text says
(Sept. 21, 1922, ch. 369, §4n, as added Pub. L. 93-463, title II, §205(a), Oct. 23, 1974, 88 Stat. 1398; amended Pub. L. 95-405, §9, Sept. 30, 1978, 92 Stat. 870; Pub. L. 97-444, title II, §213, Jan. 11, 1983, 96 Stat. 2305.)
Verbatim source
R1-USC_STATUTE-00005
— 7 USC 6n - Source Credit (statutory enactment history)
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R1-USC_STATUTE-00005/source.html
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You are drafting a registration-renewal calendar memo for a multi-strategy CPO/CTA's chief compliance officer. The memo's first paragraph must quote verbatim the registration-expiration rule that 7 USC 6n(2) sets for CPO and CTA registrations, including the specific statutory expiration date and the Commission's authority to alter that date by rule, regulation, or order.
Claude Sonnet 4.6 (web search on) answered
Section 4n(2) of the Commodity Exchange Act, codified at 7 U.S.C. 6n(2), establishes the registration expiration rule for commodity pool operators and commodity trading advisors. The provision states, in relevant part: each registration granted under this section shall expire on the 31st day of October in each year following the year in which such registration was granted.
Regulator text says
Each registration under this section shall expire on the 30th day of June of each year, or at such other time, not less than one year from the effective date thereof, as the Commission may by rule, regulation, or order prescribe, and shall be renewed upon application therefor subject to the same requirements as in the case of an original application.
Verbatim source
R1-USC_STATUTE-00005
— 7 USC 6n(2) - Registration expiration and renewal
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R1-USC_STATUTE-00005/source.html
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You are drafting a regulatory-housekeeping appendix for a fund-administrator client's annual CFTC-rule-changes tracker. The appendix's December 2024 entry must reproduce verbatim the CFTC Final Rules 2024 index-page record of the 89 FR 96897 correction to 89 FR 88594, including the publication date, the FR citation, the affected CFR Part, the title-line correction notation, the effective date of the correction.
Claude Sonnet 4.6 (web search on) answered
Federal Register Citation: 89 FR 96897; Affected CFR Part: 17 CFR Part 4; Title: Correction to: Commodity Pool Operators, Commodity Trading Advisors, and Commodity Pools Operated: Updating the 'Qualified Eligible Person' Definition [Correction].
Regulator text says
12/6/2024 89 FR 96897 17 CFR Part 40 Provisions Common to Registered Entities; Correction. Effective Date: Monday, December 9, 2024. See also: 88 FR 61432 (9/6/2023) and 89 FR 88594 (11/7/2024).
Verbatim source
R6-PUBLIC_COMMENTS-00024
— CFTC Final Rules 2024 index page, 12/6/2024 entry for 89 FR 96897 (Part 40 correction)
substrate/US/CFTC/CPO-CTA-REGULATION-4-7-QEP-THRESHOLDS-2024/_b1_results/R6-PUBLIC_COMMENTS-00024/source.html
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Affected audiences
These findings affect the following audiences. Click through for the case studies that aggregate findings across all regulations in this jurisdiction.
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