US Person

The CFTC defines a person to be a US person under the Dodd Frank regulation if: 1) they are a natural, legal resident of the United States of America; 2) they are an enterprise which is either incorporated or has its place of business in the US (with the exception of funds, and collective investment vehicles) as of 1 April 2013; 3) pension funds for US employees of the above entities; 4) they are a collective investment vehicles ? including hedge funds? that are majority-owned by US persons, or a trust of a US citizen or administered under US jurisdiction; 5) there exists an account in which the beneficiary is any of the above entities.