SPEECHES & TESTIMONY

CFTC Spokesperson Statement on DRW Case

February 27, 2019

Washington, DC – A spokesperson for the Commodity Futures Trading Commission (CFTC) issued the following statement regarding the decision not to appeal the 2018 decision in CFTC v. Wilson et al., which followed a bench trial that concluded on December 7, 2016:

 "After careful consideration of the issues, as well as discussions with agency staff and Commissioners, Chairman Giancarlo has decided that the agency will not appeal the district court’s decision in CFTC v. Wilson et al.," said CFTC Director of Public Affairs Erica Elliott Richardson. "While the agency will not move forward with this case, it will continue to vigorously enforce the Commission’s anti-manipulation provisions and prosecute cases through trial where necessary."