The election of Donald Trump has injected a new element of uncertainty into a US swaps market that was finally finding its footing under its new regulatory framework. A report from Greenwich Associates finds improved market quality in US interest-rate
The Commodity Futures Trading Commission (CFTC) has made an award of approximately USD2.5 million to an individual whistleblower. In ordering the award, the CFTC took into account the significance of early reporting of misconduct, however, the award was reduced because
The US CFTC has voted unanimously to re-propose regulations implementing limits on speculative futures and swaps positions as called for in the Dodd-Frank Wall Street Reform and Consumer Protection Act. In a separate vote, CFTC approved final aggregation regulations, which
The US Commodity Futures Trading Commission (CFTC) has issued two separate orders filing and settling charges against Stephen Gola and Jonathan Brims for spoofing — bidding or offering with the intent to cancel the bid or offer before execution —
The future of the Dodd-Frank Act (DFA), once an unavoidable and burdensome new reality for US fixed income markets, is now completely uncertain under the coming Trump Administration. In TABB Group’s latest Market Note, “Dismantling Dodd-Frank? Regulatory Overhaul Redux,” report
The US CFTC has obtained a USD21.8 million default court judgement and permanent injunction against Alvin Guy Wilkinson and his companies Chicago Index Partners and Wilkinson Financial Opportunity Fund in connection with a commodity pool fraud. The order finds that
The US Commodity Futures Trading Commission (CFTC) has issued an order granting CME Clearing Europe (CMECE) registration as a derivatives clearing organisation (DCO) under the Commodity Exchange Act (CEA). Under the order, CMECE will be authorised to provide clearing services
In today’s unpredictable world, it’s more critical than ever that investment managers and advisers establish plans to keep their businesses from experiencing undue harm. Daily business operations can be impacted by a wide variety of scenarios– from the most threatening,
The US future commission merchant (FCM) community has been under constant pressure for the last eight years from new regulation, stifling capital rules, declining number of players, a challenging interest rate environment and increasing costs that are all adversely affecting
Neil Pecker and his company, Vision Financial Partners, are to pay USD6.5 million to settle US CFTC charges of fraudulent solicitation and misappropriation in connection with off-exchange binary options. A US District Court Order requires Pecker and Vision, jointly and
