2025年12月19日,公平贸易委员会向一些投资顾问提供了临时救济,免除了对私人资金的某些登记规则。 On Dec 19, 2025, the CFTC gave temporary relief to some investment advisers, exempting them from certain registration rules for private funds.

在2025年12月19日,CFTC发布了临时无动作救济,允许某些在SEC注册的投资顾问为合格的符合条件的人员管理私人资金,以避免CPO注册,减轻多德-弗兰克法案扩大衍生品监管的合规负担. On December 19, 2025, the CFTC issued temporary no-action relief allowing certain SEC-registered investment advisers managing private funds for qualified eligible persons to avoid CPO registration, easing compliance burdens from expanded derivative regulations under Dodd-Frank. 救济立即生效,仅适用于第3(c)(7)节的私人基金,要求表格PF申报和公平贸易委员会通知,并免除符合资格的顾问的CPO和CTA登记,而退出时不需要赎回权。 The relief, effective immediately, applies only to Section 3(c)(7) private funds, requires Form PF filing and CFTC notice, and exempts qualifying advisers from CPO and CTA registration, with no redemption rights required upon withdrawal. 一旦CFTC最终确定规则或作出其他决定，它就会失效。 It expires once the CFTC finalizes a rule or decides otherwise.