Commodity Futures Trading Commission

BitMEX Fined $100M in Latest Crypto Crackdown
Risk & Compliance

BitMEX Fined $100M in Latest Crypto Crackdown

U.S. regulators alleged the exchange traded digital assets without verifying customer identities and implementing an anti-money laundering program.
By Matthew Heller | August 11, 2021
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Coinbase Fined $6M Over Crypto Trade Reporting
Risk & Compliance

Coinbase Fined $6M Over Crypto Trade Reporting

The CFTC says the exchange misrepresented the volume and liquidity of digital assets including bitcoin on its GDAX cryptocurrency exchange platform.
By Matthew Heller | March 22, 2021
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Biden to Name Gary Gensler as SEC Chairman
Regulation

Biden to Name Gary Gensler as SEC Chairman

The appointment of the former CFTC chief "is expected to put an end to the four years of rule-easing" that Wall Street has enjoyed under Jay Clayton.
By Matthew Heller | January 13, 2021
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CFTC Urges Changes to Climate Risk Disclosure
Regulation

CFTC Urges Changes to Climate Risk Disclosure

Current rules have "not resulted in disclosures of a scope, breadth, and quality to be sufficiently useful to market participants and regulators."
By Matthew Heller | September 10, 2020
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Digital Dollar Project Envisions a Fed-Issued Digital Currency
Payments

Digital Dollar Project Envisions a Fed-Issued Digital Currency

The digital dollar would be distributed through commercial banks and other trusted payment processors.
By Lauren Muskett | January 23, 2020
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CFTC Chairman Says Cryptocurrency Ether is a Commodity
Risk & Compliance

CFTC Chairman Says Cryptocurrency Ether is a Commodity

Ether futures will begin trading in U.S. markets in the near future.
By Lauren Muskett | October 10, 2019
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Clearinghouse Fined $20M for Violating Standards
Risk Management

Clearinghouse Fined $20M for Violating Standards

Regulators say Options Clearing Corp. failed to establish and enforce policies and procedures involving financial risk management.
By Matthew Heller | September 5, 2019
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Kraft Settles Futures Market Manipulation Case
Risk & Compliance

Kraft Settles Futures Market Manipulation Case

The company allegedly made more than $5 million in profits and savings from improper wheat futures trading.
By Matthew Heller | August 16, 2019
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JPMorgan Fined $65M Over ISDAFix Rigging
Risk & Compliance

JPMorgan Fined $65M Over ISDAFix Rigging

The CFTC says the bank's traders "openly joked about" their efforts to manipulate the global benchmark for interest rate products.
By Matthew Heller | June 19, 2018
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Tech Upgrade Commands CFO’s Focus
Technology

Tech Upgrade Commands CFO’s Focus

Amy Shelly of Options Clearing Corp. faces several challenges in replacing the organization's outdated platform.
By David McCann | December 12, 2017
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Exchanges Get Green Light for Bitcoin Futures
Regulation

Exchanges Get Green Light for Bitcoin Futures

Bitcoin futures are “a potentially huge step in the evolution of the digital currency, making trading bitcoin easier" for banks and investors.
By Matthew Heller | December 1, 2017
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Bitcoin Trader Accused of $600K Ponzi Scam
Risk & Compliance

Bitcoin Trader Accused of $600K Ponzi Scam

Nicholas Gelfman allegedly solicited investors with false claims that he would generate a 7% to 9% monthly return from a fund for trading Bitcoin.
By Matthew Heller | September 22, 2017
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Many Parts of Dodd-Frank Should Be Repealed
Risk & Compliance

Many Parts of Dodd-Frank Should Be Repealed

The law was about micromanaging financial services rather than facilitating capital markets.
By Emre Carr | September 20, 2017
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Ex-SEC Attorney Raps WSJ Report on Enforcement Activity
Risk & Compliance

Ex-SEC Attorney Raps WSJ Report on Enforcement Activity

Wall Street Journal article criticizing feds' level of enforcement this year is off-base, the attorney explains.
By Jordan A. Thomas | August 15, 2017
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Citigroup Fined $25M for ‘Spoofing’ Futures
Risk & Compliance

Citigroup Fined $25M for ‘Spoofing’ Futures

The first-ever spoofing case against a bank alleges traders placed large futures orders to create a false appearance of market interest in a commodity.
By Matthew Heller | January 19, 2017
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