Washington, 8 September 2010

The U.S. Commodity Futures Trading Commission on Wednesday proposed exemptions from certain rules for operators overseeing commodity exchange-traded funds.

The CFTC said commodity pool operators whose units of participation are listed and traded on a national securities exchange could be exempt from certain disclosure, reporting and recordkeeping requirements under agency regulations.

The CFTC said the operators would continue to provide the same disclosure information, make the same periodic reports and keep the same books and records they currently do.

The notice was published in the government's Federal Register. The public has 45 days to comment. CFTC said in the filing the proposed changes are part of a standard review of its oversight of commodity pool operators, and incorporates efforts by the regulator to adapt to changing conditions in the marketplace.

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