Last week, the CFTC updated its large trader position reporting rules for futures and options. First proposed in June 2023, this much-needed change modernizes a rule that had gone largely unchanged since the 1980s....more
5/10/2024
/ CFTC ,
Commodities Traders ,
Data Management ,
Due Process ,
Futures ,
Market Participants ,
New Rules ,
Notice Requirements ,
Regulatory Reform ,
Reporting Requirements ,
Stock Options ,
Traders
In a recent speech given at New York University’s School of Law, the Commodity Futures Trading Commission’s (CFTC’s) Director of Enforcement, Ian McGinley, unveiled a new advisory concerning penalties, monitors and admissions...more
On January 8, 2024, the U.S. Court of Appeals for the Fifth Circuit reversed a jury’s verdict in a Commodity Futures Trading Commission (“CFTC”) enforcement action against EOX Holdings, L.L.C. (“EOX”) and its employee, Andrew...more
1/15/2024
/ Affiliates ,
Appellate Courts ,
Block Trades ,
Brokers ,
CFTC ,
Civil Monetary Penalty ,
Commodity Exchange Act (CEA) ,
Enforcement Actions ,
Insider Trading ,
Jury Verdicts ,
Reversal ,
Securities and Exchange Commission (SEC)
New guidance from the Commodity Futures Trading Commission[i] may significantly change the calculus for firms considering whether to settle an enforcement action. Requiring admission of wrongdoing in a greater number of...more
Over the past year, the Commodity Futures Trading Commission continued moving its focus away from practices like spoofing, instead bringing high-profile actions in the crypto space and reaching significant settlements with...more
5/5/2023
/ Broker-Dealer ,
CFTC ,
Compliance ,
Crypto Exchanges ,
Cryptoassets ,
Electronic Communications ,
Enforcement Actions ,
Enforcement Priorities ,
Financial Institutions ,
Investment Adviser ,
Market Participants ,
Registration Requirement ,
Required Communications ,
Securities and Exchange Commission (SEC) ,
Spoofing