Regulator orders Eustace to pay more than US$279 million in restitution
The U.S. Commodity Futures Trading Commission today announced the formation of a special task force charged with investigating and litigating fraud in the off-exchange retail foreign currency market.The creation of the task force within the CFTC’s Division of Enforcement comes following Congress passing legislation that clarified and strengthened the CFTC’s jurisdiction over this market. The […]
Alleged Ponzi scheme fleeced 900 U.S. investors
Mocek, director of the Division of Enforcement since March 2002, is leaving the commission to return to private practice as a partner in the Energy and Derivatives Markets Practice Group at McDermott Will & Emery. He joined the CFTC in 1998, and held several titles at the commission, including special counsel to chairman James Newsome, […]
The U.S. Commodity Futures Trading Commission announced the formation of an inter-agency task force to evaluate developments in commodity markets.The CFTC says that the group is being formed in light of the recent rise in crude oil and other commodity prices and the influx of new investors into commodity futures markets.The task force p — […]
Industry to provide views on index trading and energy trading on foreign boards of trade
First results of SEC-CFTC memorandum of understanding
CFTC looks into investor allegations
The U.S. Commodity Futures Trading Commission is seeking public comment on the appropriate regulatory treatment of financial agreements offered by so-called prediction markets.The CFTC says that during the past several years it has received numerous requests for guidance involving the trading of event contracts. These contracts typically involve financial agreements that are linked to events, […]
Former NYMEX director gets five months in jail and five years probation