CPOs/CTAs

The CFTC has decreed a new system that would require a unique product identifier and product classification for swap recordkeeping and reporting. The new order ...

The notification requirement kicks in “when specified market or other events affect a commodity pool’s ability to fulfill its participant obligations”

Several investors asked him to cease trading in their accounts. “However, Chopra failed to honor these requests and lied by misrepresenting that he had ceased ...

"I believe any regulatory response to digital assets must include measures to bring additional transparency to the conduct that makes this innovation possible"

Mistakes around these items cause the most exam deficiencies among CPOs/CTAs that are NFA members

A new guide to help with the transition to SOFR

A failure to provide the annual affirmation can result in the exemption being withdrawn

This and other actions by the CPO caused it not to “satisfy its duty of disclosure to participants and prospective participants,” which amount to fraud

Ironically, the government will get a big chunk of the cash back because whistleblower awards are taxable

"My poor judgement was that I failed to review these internal reports daily and take note of the fact that the reports was [SIC] not ...