Debevoise & Plimpton Discusses JOBS Act General Solicitations
In a September 9 letter (“Letter”),[1] the Division of Swap Dealer and Intermediary Oversight (“DSIO”) of the Commodity Futures Trading Commission (“CFTC”) granted exemptive relief permitting general solicitation under certain circumstances by commodity pool operators (“CPOs”) that rely on CFTC Regulation 4.7(b) and 4.13(a)(3).