Looking to form a cpo/cta

http://www.miramar-research.com/kits/xcpo/index.htm

 

That's an *exempt* commodity pool. According to that site, limited to 15 investors at $400k a piece... less than $6m total.

"Hedge fund" is a generic term, and a CPO registered with the NFA can be called a hedge fund.

 

My understanding is that it is $400K total (not $400K * 15 = $6M).

 

Thanks for clarifying.