Commodity pool operator

Financial market participants
Organisations
Terms

A Commodity pool operator (CPO) is an individual or organization that solicits or receives funds to use in the operation of a commodity pool, syndicate, investment trust, or other similar fund, specifically for trading in commodity interests. Such interests include commodity futures, swaps, options and/or leverage transactions.[1][2] A commodity pool may refer to funds that trade in commodities and can include hedge funds. A CPO may make trading decisions for a fund or the fund can be managed by one or more independent commodity trading advisors.[1] The definition of CPO may apply to investment advisors for hedge funds and private funds including mutual funds and exchange-traded funds in certain cases.[3] CPOs are generally regulated by the United States federal government through the Commodity Futures Trading Commission and National Futures Association.

  1. ^ a b Lemke, Thomas P.; Gerald T. Lins; Kathryn L. Hoenig; Patricia S. Rube (2011). Hedge Funds and Other private Funds: Regulation and Compliance 2011-2012 Edition. Thomson West.
  2. ^ "7 USC § 1A - Definitions". Legal Information Institute. Cornell University Law School. Retrieved 7 June 2012.
  3. ^ Cite error: The named reference Sutherland was invoked but never defined (see the help page).