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
The U.S. Commodity Futures Trading Commission announced today that it is hosting more than 50 futures industry regulators from around the world today to discuss modernizing financial regulation.The meeting is closed to the public. The CFTC reports that panel discussions will address issues such as cross-border clearing, the differences between a principles-based regulatory regime and […]
U.S. derivatives regulators and securities regulators announced a deal intended to improve cooperation between them, enabling them to deal with financial innovations that blur the lines between different products.The U.S. Commodity and Futures Trading Commission and U.S. Securities and Exchange Commission announced that their respective chiefs, acting CFTC chairman Walter Lukken and SEC chairman Christopher […]