Latest news by Michael Volpe
November 28, 2019
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 …
November 25, 2019
Furthermore, Corcoran’s son, Pat, is the manager for Chance the Rapper, one of the biggest music stars on the planet.
Both were guests on the latest podcast by the Futures Industry Association entitled FIA Speaks, which is hosted by FIA CEO Walt Lukken.
In the 1980s, the elder Corcoran, said he got involved in a start up partially backed by the Chicago Sun Times, one of Chicago’s two biggest newspapers.
November 22, 2019
The US Department of Justice is calling a recent trading scheme a criminal enterprise. RICO is a statute enacted on October 15, 1970, providing enhanced sentencing for any crimes committed which are deemed under RICO, as in furtherance of an ongoing criminal enterprise.
November 15, 2019
US regulators are playing catch up to the rest of the world when it comes to leveraging financial technology. FINRA, the Financial Industry Regulatory Authority, recently held its Buildathon: a …
November 13, 2019
The NFA made the announcement in a press release. “NFA has ordered Golden Meadow Investments LLC (Golden Meadow), an NFA Member commodity pool operator and commodity trading advisor located in …
November 11, 2019
The press release from the USDOJ stated fifteen people were busted in the scheme. “Fifteen individuals, including two former company owners, were charged in a superseding indictment unsealed today for …
November 11, 2019
We are pleased to share the Division of Enforcement’s annual report detailing the accomplishments of the Division during Fiscal Year 2019. The more than 1,350 talented women and men of the Division are steadfastly committed to protecting investors and ensuring that our capital markets operate fairly.
November 8, 2019
From approximately March 2012 until December 2013, three traders who were members of a single trading team at Tower engaged in a scheme to defraud other participants in the markets for E-Mini S&P 500, E-Mini NASDAQ 100 and E-Mini Dow futures contracts (collectively, E‑Mini futures contracts). The S&P 500 and NASDAQ 100 future contracts were traded on the Chicago Mercantile Exchange, while the Dow futures contracts were traded on the Chicago Board of Trade.