Public Futures Funds
The Journal of Futures Markets, Vol. 5, No. 2, 149-171, 1985
Posted: 3 Jun 2020
Date Written: Summer 1985
Futures funds fool investor’s money to speculate in futures market. Due to favorable tax treatment, futures funds are usually organized as limited partnerships within the United States. Typically, an affiliate or subsidiary of a brokerage company acts as general partner. If limited partnership interests are sold in a public offering, the Securities and Exchange Commission (SEC) classifies a futures fund as public and requires its registration. Private futures funds must meet a series of tests to be exempted from SEC registration. As a rule-of-thumb, private funds have 35 or fewer investors.
Keywords: investments, commodities, futures markets
JEL Classification: D84, G12, G13, Q13, Q14
Suggested Citation: Suggested Citation