CFTC

Almost Two Dozen Firms Pursue Settlement Agreements with CFTC to Resolve Enforcement Actions

1 month ago

In a notable development within the financial sector, nearly 24 firms are actively seeking agreements with the Commodity Futures Trading Commission (CFTC) to resolve various enforcement actions. This move marks a significant moment for these companies, as they aim to settle ongoing investigations related to compliance lapses and other regulatory concerns that have captured the attention of the CFTC in recent months.

The Future of Regulatory Enforcement: SEC and CFTC Leaders Outline New Directions

2 months ago

In a significant evolution within financial regulation, the leaders of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have voiced their predictions of a transformative approach towards penalty policies and enforcement strategies. During a recent exposition, both Chair Gary Gensler of the SEC and Chair Rostin Behnam of the CFTC discussed a broader vision aimed at adapting to the continuously changing landscape of the financial markets.

Trump Moves to Nominate Quintenz as Head of U.S. Derivatives Regulatory Agency

3 months ago

In a significant political shift, former President Donald Trump is reportedly preparing to nominate U.S. Commodity Futures Trading Commission (CFTC) Commissioner Brian Quintenz to lead the regulatory body overseeing the derivatives market. This decision comes as part of Trump’s broader strategy to reshape key regulatory positions ahead of the upcoming elections.

Controversy Erupts at CFTC as Acting Chair Pham Dismisses HR Chief Under Investigation

3 months ago

In a significant and controversial move, Rostin Behnam, the acting chair of the Commodity Futures Trading Commission (CFTC), has made headlines by removing the head of human resources, who was reportedly involved in an investigation concerning allegations against her. This unexpected employment decision has raised eyebrows within the regulatory agency and among industry observers who monitor the agency's internal dynamics.

CFTC Urges Robinhood to Cease Trading of Super Bowl Sports Event Contracts

4 months ago

In a significant move affecting the gambling and trading landscape, the Commodity Futures Trading Commission (CFTC) has requested that Robinhood, the popular trading platform, discontinue its offering of sports event contracts related to the Super Bowl. This request comes amid growing concerns over the legality and ethical implications of allowing users to speculate on the outcomes of major sporting events.

Franklin Shares Plummet Amidst $53 Billion Outflows from WAMCO and CFTC Investigation

7 months ago

In a turbulent turn of events for Franklin Templeton Investments, the financial giant experienced a significant downturn in its share price following reported outflows of $53 billion from its WAMCO (Western Asset Management Company) subsidiary. The outflows have raised eyebrows in the industry, particularly amidst a looming investigation by the Commodity Futures Trading Commission (CFTC) into the firm’s trading practices. This unsettling combination has placed Franklin Templeton under intense scrutiny from investors and analysts alike.