It’s been an eventful week for the marijuana industry. After years of false starts, New York legalized the use of recreational marijuana on March 31 - just hours later, New Mexico legislators passed a bill to do the same....more
4/5/2021
/ Banking Sector ,
Canada ,
Coronavirus/COVID-19 ,
Decriminalization of Marijuana ,
Financial Institutions ,
Marijuana ,
Marijuana Related Businesses ,
Mexico ,
New Legislation ,
Recreational Use ,
SAFE Act ,
State and Local Government ,
Tax Revenues
2020 saw continuity in CFTC leadership, programs, and direction from 2019. Overall, the Commission enjoyed an unusually heavy rulemaking calendar and continued the direction of its enforcement program from 2019.
On the...more
3/2/2021
/ Anti-Money Laundering ,
Bank Secrecy Act ,
CFTC ,
Civil Monetary Penalty ,
Compliance ,
Coronavirus/COVID-19 ,
Corruption ,
Department of Justice (DOJ) ,
Digital Assets ,
Enforcement Actions ,
Enforcement Authority ,
Extraterritoriality Rules ,
Foreign Corrupt Practices Act (FCPA) ,
Fraud ,
Price Manipulation ,
Regulatory Requirements ,
Relief Measures ,
Spoofing ,
Swap Dealers
The Commodity Futures Trading Commission (CFTC or Commission) continues to advance its regulatory agenda amid the COVID-19 crisis. After an initial flurry of no-action letters that ameliorate compliance with a number of...more
The Commodity Futures Trading Commission (CFTC or Commission) has issued a series of eight staff letters which will facilitate the functioning of the derivatives markets during the COVID-19 pandemic. These actions will assist...more
3/20/2020
/ CFTC ,
Coronavirus/COVID-19 ,
Designated Contract Markets (DCMs) ,
DSIO ,
Emergency Response ,
Futures Commission Merchants (FCMs) ,
National Futures Association ,
New Guidance ,
No-Action Letters ,
Relief Measures ,
SEFs ,
State of Emergency