Posts filtered by tags: Commodity Futures Trading Commission[x]


Crypto Margin Trading Challenged By US Derivatives Regulator

The main U.S. derivatives regulator is taking a significant step in defining the sometimes blurry line between cryptocurrency futures and trading in the spot market. From a report: The Commodity Futures Trading Commission this week laid out its view on what it means to take "actual delivery" of a digital asset. The long-awaited guidance is significant because it means that there could be penalties for trades that don't let the buyer take physical possession and control of a coin within 28 days -...
Tags: US, Tech, Cftc, Commodity Futures Trading Commission

Thursday round-up

Amy Howe reports for this blog, in a post that first appeared at Howe on the Court, that yesterday “the Supreme Court granted the Trump administration’s application for permission to enforce the Migrant Protection Protocols, colloquially known as the ‘remain in Mexico’ policy, while it appeals to the Supreme Court.” At Bloomberg, Greg Stohr reports that “[t]he justices, over a dissent by Justice Sonia Sotomayor, blocked a federal appeals court decision that would have let future asylum seekers s...
Tags: Supreme Court, Law, California, Mexico, Court, Bloomberg, Arizona, Cftc, Louisiana, Commodity Futures Trading Commission, Vox, Department Of Homeland Security, Trump, Round-up, Sonia Sotomayor, The Supreme Court

Aboard Air Force One, Trump Was Shaken Into Action on Virus

(Bloomberg) -- As Air Force One sped toward Washington on Monday, the historic impact of the coronavirus outbreak became inescapable for President Donald Trump.Televisions on his plane were tuned to Fox News, which broadcast dire graphics illustrating the single worst day for stock markets since the 2008 financial crisis. Matt Gaetz, a Florida GOP congressman who had accompanied Trump to a series of fundraising events in Orlando, had isolated himself in an empty cabin on the jet after learning h...
Tags: Florida, News, Congress, Washington, Senate, White House, China, America, Bloomberg, Gop, Social Security, Treasury, Fox News, Capitol Hill, Commodity Futures Trading Commission, Federal Reserve

Petitions of the week

This week we highlight petitions pending before the Supreme Court that address, among other things, whether the burden of persuasion in qualified immunity cases should be on the plaintiff or on the defendant, whether the due process clause is violated when the prosecution relies on material, perjured testimony to secure a conviction but did not know the testimony was perjured until after the trial, and whether the Supreme Court’s unanimous holding in Cooper v. Oklahoma clearly established that G...
Tags: Supreme Court, Law, Georgia, Indiana, Williams, Arizona, Cftc, Commodity Futures Trading Commission, Oklahoma, Miranda, Anderson, Pederson, Cooper, Schneider, Moore, Harlow

Argument preview: Justices to consider availability of “disgorgement” to SEC in securities litigation

Next week’s argument in Liu v. Securities and Exchange Commission will take the justices through familiar ground, as they consider once again the boundaries of the broad and multifarious forms of relief available in litigation enforcing the Securities Act of 1933 and the Securities Exchange Act of 1934. This particular case involves Section 21 of the Exchange Act, added in 2002, which includes “any equitable relief that may be appropriate or necessary” in the list of remedies available to the SE...
Tags: Featured, Supreme Court, Law, Congress, California, United States, SEC, Commodity Futures Trading Commission, Securities And Exchange Commission, Sonia Sotomayor, Liu, Wang, Consumer Financial Protection Bureau, Merits Cases, Douglas Laycock, Kokesh

United States: US Agencies Proposed Revisions To Volcker Rule Covered Funds Provisions - Mayer Brown

On January 30, 2020, the Board of Governors of the FRB, the FDIC, the OCC, the Securities and Exchange Commission, and the Commodity Futures Trading Commission proposed revisions to the covered funds provisions of the Volcker Rule.
Tags: News, US, United States, Commodity Futures Trading Commission, Securities And Exchange Commission, FDIC, OCC, Board of Governors, Mayer Brown

Former US Regulator and Accenture Exploring Digital Currency for US Central Banks

A former chair of America's Commodity Futures Trading Commission is working with Accenture to explore what Computerworld calls "a U.S. Central Bank Digital Currency" -- a cash-backed stablecoin, issued and controlled by America's central bank, where one token represents one dollar. Long-time Slashdot reader Lucas123 writes: A cryptocurrency based on a blockchain ledger would be a cheaper, faster and more inclusive global financial system than today's analog-based reserve currency that can ...
Tags: Europe, US, America, Tech, Cftc, Computerworld, Accenture, Commodity Futures Trading Commission, Slashdot, U S Central Bank Digital Currency, Asia Accenture

How The Stock Market Works

We’ve all heard of the stock market. But isn’t it risky? Can’t we lose a lot of money? There was the dot-com crash. Then the 2008 financial crisis. And aren’t stock just for rich people anyway? I grew up thinking all of this myself. After learning a bit about the stock market, I realized it’s not nearly as scary or risky as I thought. I also realized that everyone can, and should, get started by investing in the stock market. You can do it with as little as $50. The History of The Stock Market ...
Tags: Personal Finance, London, Ipo, Marketing, US, United States, SEC, Ira, Commodity Futures Trading Commission, New York Stock Exchange, Nyse, Index, U S Securities and Exchange Commission, Antwerp Belgium, Intercontinental Exchange, Securities and Exchange Commission SEC

Herd of Pound Bulls Sees Currency’s Potential Unleashed in 2020

(Bloomberg) -- The chorus of bullish voices in favor of the pound is growing as investors become more confident the ruling Conservatives will win next month’s U.K. election.Funds are increasingly betting on the currency to strengthen as Boris Johnson’s party extends a lead against left-wing Labour in polls for the Dec. 12 vote. BlackRock Inc. and Goldman Sachs Group Inc. are among those on Wall Street touting the pound as a top trade for 2020 if he can win and push through a Brexit deal.“We’re i...
Tags: London, News, Eu, Conservative, Bloomberg, Theresa May, Labour, Boris Johnson, Goldman Sachs, Parliament, Commodity Futures Trading Commission, Johnson, Brexit, Blackrock, Jen, Goldman Sachs Group Inc

New York judge rules US government can intervene in $7M Bitcoin scam

The US government will be able to intervene in a civil case against Jon Barry Thompson, a man charged with running a fraudulent Bitcoin escrow firm which took over $7 million in cryptocurrency from victims. The government, represented by the Commodity Futures Trading Commission, filed a request for intervention and staying civil proceedings until the conclusion of the parallel criminal case, on November 18. Judge Loretta A. Preska from the New York Southern District Court ruled in favour of the ...
Tags: Startups, New York, US, Commodity Futures Trading Commission, Hard Fork, Loretta A Preska, New York Southern District Court, Jon Barry Thompson, Barry Finance Feeds

United States: For The First Time CFTC Publishes Enforcement Manual - Ropes & Gray LLP

On May 8, 2019, the Commodity Futures Trading Commission's ("CFTC") Division of Enforcement ("DOE") issued its Enforcement Manual ("Manual")
Tags: News, United States, Commodity Futures Trading Commission, Gray LLP, First Time CFTC Publishes Enforcement Manual Ropes, CFTC Division of Enforcement DOE

UK: CFTC Signals Foreign Corrupt Practices Investigations - Skadden, Arps, Slate, Meagher & Flom (UK) LLP

On March 6, 2019, the Commodity Futures Trading Commission's (CFTC or Commission) Division of Enforcement (Division) published an advisory on self-reporting and cooperation for violations of the Commodity Exchange Act.
Tags: UK, News, Cftc, Commodity Futures Trading Commission, Commission Division of Enforcement Division

What Happens When Political Opponents Learn to Work Together?

Wikipedia is one of the hubs of Internet knowledge. The online encyclopedia receives more than 18 billion page views every month, which means that it exerts a huge influence on the way we think about our world and how we discuss every conceivable political and social issue. Incredibly, Wikipedia is entirely curated by a team of volunteer users who come from many different backgrounds—and, unsurprisingly, the pages have become sites of ideological warfare, with different sides trying to control...
Tags: Parenting, Wikipedia, Germany, Iraq, Jerusalem, America, Harvard University, Commodity Futures Trading Commission, Republican Party, Nyu, Antony Loewenstein, MoveOn, Netscape, James Surowiecki, Gable, Jonathan Haidt

CME's CEO explains the biggest issue regulators have with bitcoin

Terry Duffy, CME Group's chairman and CEO, told Business Insider that regulators are more likely to be accepting of cryptocurrencies backed by fiat money.  Cryptocurrencies like bitcoin prove a unique problem for regulators as they have a finite amount, limiting rulemakers' ability to run it on a deficit.  Duffy said the focus of too many crypto conversations is around the value, as opposed to actual use cases.   As Wall Street attempts to understand where and how cryptocurrencies can fit int...
Tags: Florida, Microsoft, Wall Street, Trends, Starbucks, Commodity Futures Trading Commission, Securities And Exchange Commission, Business Insider, Nyse, Terry Duffy, FIA, McDonald, Duffy, CME Group, Intercontinental Exchange, CME

United States: US Commodity Futures Trading Commission Adopts Permanent $8 Billion Swap Dealer De Minimis Registration Threshold - Shearman & Sterling LLP

On November 5, 2018, the Commodity Futures Trading Commission unanimously voted to adopt a final rule that would permanently set the swap dealer de minimis registration threshold at $8 billion.
Tags: News, United States, Commodity Futures Trading Commission, US Commodity Futures Trading Commission, Sterling LLP

United States: CFTC Commissioner: Code Developers May Be Accountable For Smart Contracts - Proskauer Rose LLP

Recently at a conference in Dubai, Brian Quintenz, who is a Commodity Futures Trading Commission Commissioner, expressed his personal opinion on the conceptual challenges in applying the CFTC's regulatory oversight.
Tags: News, United States, Dubai, Cftc, Commodity Futures Trading Commission, Proskauer Rose LLP, Brian Quintenz

How the Trump Enforcement Numbers Were Calculated

The Times built a database of cases and tapped into academic research to compare corporate penalties during the Obama and Trump administrations.
Tags: News, Obama, Research, House Of Representatives, Commodity Futures Trading Commission, Times, University Of Virginia, Justice Department, Consumer Protection, Securities And Exchange Commission, Barack, New York University, Trump, Duke University, Public Citizen, Consumer Financial Protection Bureau

United States: CPO And CTA Rule Proposals - Mayer Brown

Earlier this month, the Commodity Futures Trading Commission proposed rules that would codify certain relief provided to commodity pool operators and commodity trading advisors in the post
Tags: News, United States, Commodity Futures Trading Commission, Mayer Brown

United States: US And Australian Regulators Agree FinTech Information Sharing Arrangement - Shearman & Sterling LLP

On October 4, 2018, the Commodity Futures Trading Commission and the Australian Securities and Investments Commission signed an arrangement designed to support cross-border FinTech innovation
Tags: News, US, United States, Commodity Futures Trading Commission, Australian Securities and Investments Commission, Sterling LLP, FinTech Information Sharing Arrangement Shearman

United States: New Commission Moves Quickly On Enforcement - WilmerHale

Within a week of the ceremonial swearing in of its last commissioner, the now fully formed Commodity Futures Trading Commission issued 17 enforcement orders and filed one complaint.
Tags: News, United States, Commodity Futures Trading Commission

'You're literally shifting deck chairs on the Titanic': Here's why the SEC probably won't approve a bitcoin ETF anytime soon

The SEC makes its verdict on a bitcoin-futures linked ETF by ProShares on Thursday.  Some market observers say that the fact that the product is based on futures, not bitcoin itself, could help its case.  But market experts say the opaqueness of the crypto markets and possible manipulation still make an approval unlikely.  Bart Smith, head of digital assets at Susquehanna International Group, is used to taking risks.   As a trader, "You never say no chance," he said.  But Smith thinks there'...
Tags: Asia, US, Trends, Crypto, SEC, Commodity Futures Trading Commission, Johnson, Richard Johnson, Smith, Securities And Exchange Commission, Kraken, University of Texas, Weisberger, Hyland, Winklevoss, CBOE

Penalties For Corporate Violators Dropped By 50 Percent Under Trump

WASHINGTON (AP) — While Donald Trump has positioned himself as a tough, “law and order” president, he has mostly excluded one group of offenders from his sights: those of the corporate class, according to a report released Wednesday by Washington-based watchdog Public Citizen. The report found that in 11 of the 12 federal agencies led by a Trump-appointed official during the president’s first year, penalties imposed on corporate violators dropped, in the majority of cases by more than 50 percent...
Tags: News, Fcc, Minnesota, Obama, Washington, North Korea, Barack Obama, Iran, Ap, Hawaii, Federal Communications Commission, SEC, Epa, Commodity Futures Trading Commission, Donald Trump, Environmental Protection Agency

Bitcoin futures could be hurting bitcoin's price

Fundstrat cofounder Tom Lee says bitcoin futures contracts could be linked to the cryptocurrency's "gut-wrenching" decline. Futures were launched in December and bitcoin has fallen from $20,000 to $6,500 since then. There are concerns that bitcoin futures could be easily manipulated given the low liquidity on many key exchanges. LONDON — A Wall Street analyst known for his bullish stance on bitcoin has flagged the possibility that bitcoin futures contracts could be hurting the cryptocurrenci...
Tags: UK, London, US, Trends, Bloomberg, Commodity Futures Trading Commission, Business Insider, Don, Lee, CME Group, BST, Tom Lee, US Justice Department, CME, GFI Group, CBOE

United States: CFTC Proposes Three Rule Changes - WilmerHale

The Commodity Futures Trading Commission on June 4, 2018, in its first public meeting of the year, proposed three rule changes to the rules implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
Tags: News, United States, Cftc, Commodity Futures Trading Commission

United States: CFTC Grants No-Action Relief To Non-US Persons Who Enter Into Swaps With Global Development Entities - Dentons

In its Letter No. 18-13 dated May 16, 2018, the Commodity Futures Trading Commission's (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO)
Tags: News, US, United States, Cftc, Commodity Futures Trading Commission

Feds Open Probe Into Bitcoin Price Manipulation: Report

The United States Department of Justice and the Commodity Futures Trading Commission have opened a joint criminal investigation into price manipulation of bitcoin and other cryptocurrencies, according to a report. The illicit tactics reportedly being investigated include spoofing and wash trading. Bitcoin's share prices have been fluctuating wildly over the past year, ranging from $1,800 to almost $20,000, leading to rumors of price manipulation. News of the joint DoJ-CFTC probe pushed bitco...
Tags: Ecommerce, Cftc, Commodity Futures Trading Commission, United States Department of Justice

The justice Department is now cracking down on cryptocurrency scams

The Justice Department is now working with the U.S. Commodity Futures Trading Commission to determine if digital coin traders are manipulating prices using illegal practices such as spoofing and wash trading. The post The justice Department is now cracking down on cryptocurrency scams appeared first on Digital Trends.
Tags: News, Trends, Web, Bitcoin, Computing, Commodity Futures Trading Commission, Justice Department, Cryptocurrency, Department, U S Commodity Futures Trading Commission, Federal Probe

US Launches Criminal Probe Into Bitcoin Price Manipulation

The Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, Bloomberg reported Thursday, citing people familiar with the matter. From the report: The investigation is focused on illegal practices that can influence prices -- such as spoofing, or flooding the market with fake orders to trick other traders into buying...
Tags: US, Tech, Bloomberg, Bitcoin, Commodity Futures Trading Commission, Justice Department

The owner of the New York Stock Exchange is working on a bitcoin trading platform

The New York Stock Exchange is working on its own bitcoin trading platform. According to a new report from the New York Times, the NYSE’s parent company is developing an online exchange geared toward large institutional investors — the kind of financial heavyweights that the cryptocurrency community is waiting for with bated breath. Details of the plan are not yet locked in and the whole undertaking could still “fall apart,” according to the report. The initiative is being spearheaded by Inte...
Tags: TC, Finance, Tech, Bitcoin, New York Times, Goldman Sachs, Commodity Futures Trading Commission, New York Stock Exchange, Cryptocurrency, Blockchain, Nyse, Intercontinental Exchange, Chicago Mercantile Exchange CME, Cryptocurrency Exchange, Bitcoin Futures, Chicago Board Options Exchange CBOE

Pinnacle Asset Management buys Five Rivers Cattle Feeding

Pinnacle Asset Management LP said March 16 that it acquired Five Rivers Cattle Feeding for about $200 million. JBS USA was the seller. Five Rivers, of Greeley, Colorado, is a cattle feeding operation. PRESS RELEASE March 16, 2018 06:07 PM Eastern Daylight Time GREELEY, Colo. & NEW YORK–(BUSINESS WIRE)–Pinnacle Asset Management, L.P., a leading commodities and natural resources investment firm, today announced it has successfully completed the acquisition of Five Rivers Cattle Feeding, a collecti...
Tags: New York, Texas, Trends, Jordan, Commodity Futures Trading Commission, Arcadia, Securities And Exchange Commission, Oklahoma City, Mike, Pinnacle, JBS, PE Deals, National Cattlemen 's Beef Association, Greeley Colorado, JBS USA, Five Rivers