State Street’s New CFTC Reporting Service Helps Clients Fulfill CFTC Requirements

  State Street’s New CFTC Reporting Service Helps Clients Fulfill CFTC

Business Wire

BOSTON -- January 7, 2013

State Street Corporation (NYSE: STT) announced today that it has developed a
suite of services to assist clients with compliance testing and reporting
requirements for the Commodity Futures Trade Commission’s (CFTC) rule
amendments announced last year. The new service offerings will help investment
companies registered under the Investment Company Act of 1940 (1940 Act) and
private investment vehicles comply with new CFTC rules impacting funds that
invest in certain derivative instruments.

The amendments to the CFTC rules require investment advisers that are
considered to be a commodity pool operator (CPO) to register with the CFTC
unless the CPO qualifies for one of the exemptions outlined by the CFTC.

“With increased industry-wide focus on transparency coupled with a complex
market environment, we are focused on working with our clients to help them
comply with the evolving regulatory landscape,” said Keith Slattery, senior
vice president at State Street. “Our experienced compliance and fund
administration team offers the scale and expertise necessary to assist clients
in meeting complex regulatory requirements in a timely manner so they can
focus on their core business.”

State Street’s CFTC services include initial diagnostic testing to help
clients determine if they qualify for de minimus exemptions from the CFTC’s
required registration as a CPO. The new offering also provides clients with
daily compliance testing and filing of annual notices for those clients
claiming an exemption; monthly or quarterly financial statements, enhanced
prospectus financial data and provision of data for Form CPO-PQR reporting for
those clients whose advisers are designated as a CPO.

About State Street

State Street Corporation (NYSE: STT) is one of the world's leading provider of
financial services to institutional investors including investment servicing,
investment management and investment research and trading. With $23.4 trillion
in assets under custody and administration and $2.1 trillion in assets under
management at September 30, 2012, State Street operates in 26 countries and
more than 100 geographic markets. For more information, visit State Street’s
web site at

*This AUM includes the assets of the SPDR Gold Trust (approx. $75.3 billion as
of September 30, 2012), for which State Street Global Markets, LLC, an
affiliate of State Street Global Advisors serves as the marketing agent


State Street Corporation
Anne McNally, +1 617 664 8576
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