CFTC/NFA Status. The Investment Manager relies on the exemptions for registered commodity trading advisors (“CTAs”) under Commodity Futures Trading Commission (“CFTC”) Rule 4.7. The Fund represents, warrants and covenants that it is a “qualified eligible person” (“QEP”) as defined in CFTC Rule 4.7, consents to being treated as an exempt account under CFTC Rule 4.7, and agrees to promptly notify the Investment Manager if the Fund ceases to be a QEP. The Fund’s commodity pool operator is registered with the CFTC and is a member of the U.S. National Futures Association in such capacity to the extent, if any, required by the Fund’s activities.
Appears in 4 contracts
Samples: Investment Management Agreement (FS Series Trust), Investment Management Agreement (FS Series Trust), Investment Management Agreement (Blackstone Alternative Investment Funds)