VIX Index Spikes as Coronavirus Spreads; Death Toll Rises
January 27, 2020
Yen, Treasuries Soar; Euro, Aussie, Stocks, Yields Slump
CFTC Orders Australian Company to Pay $1 Million for Spoofing
January 26, 2020
Washington, D.C. — The Commodity Futures Trading Commission today issued an order filing and settling charges against Propex Derivatives Pty Ltd, an Australian company, a proprietary trading firm headquartered in …
Continue reading “CFTC Orders Australian Company to Pay $1 Million for Spoofing”
FIA Seeks Clarity from the CFTC on Permissible Market Practices for Margining Separate Accounts
January 25, 2020
Washington, DC—FIA seeks clarity from the CFTC on permissible market practices for margining separate accounts. Today, FIA formally petitioned the Commodity Futures Trading Commission (CFTC) to amend its rules to …
CFTC Charges US Coin Bullion LLC and its Owners with $7.9 Million Precious Metals Fraud
January 20, 2020
Washington, DC – The U.S. Commodity Futures Trading Commission today announced it filed a civil enforcement action on January 8th in the U.S. District Court for the Middle District of …
Former CFTC Head Talks LIBOR
January 20, 2020
The London Interbank Offer Rate (LIBOR) had a fatal flaw which led to its downfall, according to the former head of the Commodities Futures Trading Commission (CFTC). Timothy Massad was …
CFTC Orders South Korean Company to Pay $700,000 for Spoofing
January 17, 2020
Washington, DC – The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Mirae Asset Daewoo Co., Ltd. for spoofing in the Chicago Mercantile Exchange …
Continue reading “CFTC Orders South Korean Company to Pay $700,000 for Spoofing”
Dollar Rebounds to End 4-Day Losing Streak, Euro, Pound Weaken
January 3, 2020
Euro- Area, UK Factory Activity Slow, US Jobless Claims Stay Low
FIA recommends changes to CFTC Non-US CCP Proposals
December 25, 2019
Washington, DC—FIA today recommended changes to separate, but similar, CFTC rule proposals that would govern U.S. customer access to foreign clearinghouses. FIA’s principal concern with the proposals is that, taken …
Continue reading “FIA recommends changes to CFTC Non-US CCP Proposals”
CFTC Charges New Mexico Resident with Fraud in Long-Running Ponzi Scheme
December 15, 2019
Washington, DC –CFTC Charges New Mexico Resident with Fraud in Long-Running Ponzi Scheme. The U.S. Commodity Futures Trading Commission today announced it has filed a civil enforcement action in the …
Continue reading “CFTC Charges New Mexico Resident with Fraud in Long-Running Ponzi Scheme”
CFTC Commissioner Behnam Announces Two New Subcommittees of the Market Risk Advisory Committee
December 6, 2019
Washington, DC — U.S. Commodity Futures Trading Commission Commissioner Rostin Behnam today announced the creation of the Central Counterparty (CCP) Risk and Governance and Market Structure Subcommittees (Subcommittees) from the …
