OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Spoofing has become a greater priority in the…
Investigating spoofing has become a greater priority in the Commodities Futures Trading Commission (CFTC) under President Trump. The CFTC Department of Enforcement (DOE) recently published its 2019 Annual Report; the fiscal year ended on September…
The CFTC on Artificial Intelligence
In a new white paper on artificial intelligence (AI), the Commodities Futures Trading Commission (CFTC) identifies its role in this technology. Of AI, the paper noted, “Approaches to AI have evolved. Early calculating machines gave…
CFTC Orders Two Trading Firms, Bank to Pay…
Washington, DC – The U.S. Commodity Futures Trading Commission today announced that civil enforcement actions were filed and simultaneously settled against two trading firms and one bank for violating the Commodity Exchange Act’s (CEA) prohibition…
In CFTC Action, Court Orders Precious Metals Trader…
Washington, DC — The Commodity Futures Trading Commission (CFTC) announced today that Judge Vanessa Bryant of the U.S. District Court for the District of Connecticut issued a Final Judgment and Consent Order on February 5, 2019,…
An Australian Trader Pled Guilty to Spoofing
An Australian trader pled guilty to spoofing, the US Department of Justice (USDOJ) announced. The USDOJ made the announcement against Jiongsheng (“Jim”) Zhao, 31, of Sydney, Australia. “Jiongsheng (‘Jim’) Zhao, 31, of Sydney, Australia, pleaded…
Record Number of Spoofing Cases Examined
[caption id="attachment_321217" align="alignleft" width="194"] James McDonald, CFTC’s Head of Enforcement[/caption] The Commodities Futures Trading Commission’s head of enforcement touted increased spoofing cases, but is it all propaganda? James McDonald is CFTC’s Head of Enforcement and…
FINRA Staff Talk About Innovation Initiative
[caption id="attachment_314687" align="alignleft" width="196"] Kavita Jain, Director Emerging Regulatory Issues at FINRA[/caption] Artificial intelligence is helping the Financial Industry Regulatory Authority (FINRA) spot spoofing. That promising statement was made by Kavita Jain, Director, Office of…
US DOJ Charges Two Former Deutsche Traders with…
[caption id="attachment_312746" align="alignleft" width="129"] Brian A. Benczkowski[/caption] The US Department of Justice announced that two former Deutsche Bank traders have been charged with “manipulative trading practices in the commodities markets.” The US DOJ made the…