The US Commodity Futures Trading Commission (CFTC) has announced two separate actions on how the rules related to the Dodd-Frank Wall Street Reform and Consumer Protection Act apply to cross-border transactions. Specifically, the CFTC issued a Final Response to District
AITEC and the Alternative Investment Management Association (AIMA), the global representative for alternative asset managers, have launched a co-branded Illustrative Questionnaire for Due Diligence of Vendor Cyber Security. The DDQ has been created to streamline the process of conducting due
The US Commodity Futures Trading Commission (CFTC) has issued an order filing and settling charges against Agrocorp International Pte Ltd, a commodities trading and distribution company headquartered in Singapore, for failing to file CFTC Form 304 Reports reporting its call
Barclays Bank is to pay a USD560,000 penalty to settle Commodity Futures Trading Commission (CFTC) charges that it failed to submit accurate large trader reports (LTRs) for physical commodity swap positions. Barclays is headquartered in London and has been provisionally
The US CFTC has charged Haena Park (Park) and her companies Phaetra Capital GP, a/k/a/ Argenta Capital GP LLC, Phaetra Capital Management LP, a/k/a Argenta Capital LLC, and Argenta Group LLC, with fraudulently operating a commodity pool and misappropriation of pool
The US CFTC has ordered Hong Kong-based bitcoin exchange, BFXNA Inc (Bitfinex) to pay a USD75,000 civil penalty for offering illegal off-exchange financed retail commodity transactions in bitcoin and other cryptocurrencies. The penalty also relates to Bitfinex’s failure to register
CFTC Chairman Timothy Massad (pictured) comments on the supplemental proposal on position limits for derivatives… The CFTC has taken a significant step toward finalising its rules on position limits this year. The supplemental rule we have unanimously proposed today would ensure that
The US Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Cunningham Commodities, LLC (Cunningham), a registered Futures Commission Merchant (FCM) based in Chicago, Illinois. The Order finds that Cunningham violated CFTC’s Regulations that
Nathan Schleifer and his company, Galileo Trading, LLC (Galileo) are to pay more than USD1.6 million to settle US Commodity Futures Trading Commission (CFTC) charges that they fraudulently solicited customers to trade commodity futures. Schleifer and Galileo will jointly pay
The US Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against JPMorgan Ventures Energy Corp. (JPMVE) and JPMorgan Chase Bank for failing to comply with their obligations to submit accurate large trader reports (LTRs)
