The document discusses the risks and regulatory considerations associated with investing in newly-formed Feeder Funds and a Master Fund managed by Southern Financial LLC. It highlights the lack of operating history, the unregistered status of the funds, temporary no-action relief from CPO registration, and potential legal and regulatory risks. The document also mentions the impact of the Dodd-Frank Act and Volcker Rule on Deutsche Bank and its affiliates, which may affect the funds.
doj/DataSet10/EFTA01451533.pdf
{"document_type":"financial","document_subtype":"investment fund disclosure","key_organizations":["Southern Financial LLC","Deutsche Bank","CFTC"],"reference_numbers":["DB-SDNY-0108190","SDNY_GM_00254374","EFTA01451533"]}