The CFTC Order finds that Tera offered for trading on its SEF a non-deliverable forward contract based on the relative value of the U.S. Dollar ...
I believe fictitious trading deserves a penalty. Tera Exchange facilitated wash trading and prearranged trading in violation of the Commodity Exchange Act. That ...
Six years on, I worry that different jurisdictions and different regulators are moving forward unilaterally and in a piecemeal fashion. They’re chopping global financial markets ...
Today, we are proposing a simplification of that exemption process. Instead of requiring a participant that has a 50 percent or more interest in an ...
I support these proposed changes to the aggregation rules because I believe they make the position limits regime more workable. However, this is just the ...
Australia and New Zealand Banking Group Ltd. (ANZ), an Australia-based financial services company, settles for failing to comply with its obligation to submit accurate large ...
In the Order, the CFTC for the first time finds that Bitcoin and other virtual currencies are properly defined as commodities. The Order further finds ...
I’ve said before that my biggest fear is that we don’t see the next crisis coming. I certainly don’t think these new issues represent a ...
The now obvious slowing growth in China and the almost certain possibility of Iranian oil hitting the market, which was an unknown variable six months ...
support issuing this proposal to amend the definition of “material terms” for purposes of portfolio reconciliation performed by swap dealers and major swap participants. ...