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Recently there was a discussion about CTA's on this list. It has always
been my understanding that managed futures funds were managed by CTA's. I
thought that the CPO (Commodity Pool Operator) was just an old or rarely
used designation still on the books (or something like that).
What is the difference? Is it that a CTA can advise AND invest AND write a
newsletter whereas a CPO can only manage money???
Just curious.
~Alan
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