Multi-Advisor Pool Law and Legal Definition
According to 17 CFR 4.10 [Title 17 Commodity and Securities Exchanges; Chapter I -- Commodity Futures Trading Commission; Part 4 Commodity Pool Operators and Commodity Trading Advisors], multi-advisor pool means a pool in which:
(i) No commodity trading advisor is allocated or intended to be allocated more than twenty-five percent of the pool's funds available for commodity interest trading; and
(ii) No investee pool is allocated or intended to be allocated more than twenty-five percent of the pool's net asset value.
