The US Commodity Futures Trading Commission (CFTC) issued a letter last month that suggests that directors of catastrophe bond issuers may have to seek no-action relief from the CFTC from registration as commodity pool operators (CPOs).
The US Commodity Futures Trading Commission (CFTC) issued a letter last month that suggests that directors of catastrophe bond issuers may have to seek no-action relief from the CFTC from registration as commodity pool operators (CPOs).