Displaying results 2031 - 2040 of 2823
Statement of Commissioner Caroline D. Pham in Support of Proposed Amendments to Capital and Financial Reporting Requirements for Swap Dealers and Major Swap Participants
… and concerns. It is important to remember that most of the CFTC’s provisionally-registered swap dealers are subject to three or more regulatory regimes. [1] Of the CFTC’s 106 currently provisionally registered swap dealers, … “US Basel Endgame Hits Clearing with Op Risk Capital Charges” Risk.net (Sept. 25, 2023), …
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Speech of Commissioner Kristin N. Johnson: Beyond Policing for Fraud: Post-Crisis Crypto-Corporate Governance Reforms
… Last week, the Commodity Futures Trading Commission (CFTC or Commission) announced the resolution of litigation … and the coordination by law enforcement authorities—the CFTC, the U.S. Attorney’s Office, FinCEN, and OFAC—are … Commissioner, CFTC, Statement Regarding CFTC Resolving Charges Against Three Decentralized Finance Companies:  The …
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Testimony Before the U.S. Senate Committee on Agriculture
… Testimony before the U.S. Senate Committee on Agriculture CFTC Chairman Gary Gensler August 1, 2012 Good morning … On July 10, the Commodity Futures Trading Commission (CFTC) filed a complaint in federal court against Peregrine … advised the court that they intended to file more criminal charges in the future. The CFTC’s complaint, along with the …
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Federal Court Orders Nearly $17.5 Million in Sanctions against Naples, Florida Resident Dorian Garcia and his Companies for Solicitation Fraud, Misappropriation, and Registration Violations in Operating a Ponzi Scheme
… DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that the U.S. District Court for the … entered by Judge Sheri Polster Chappell stemming from a CFTC Complaint filed April 14, 2015 (see CFTC Complaint and Press Release 7155-15 ) that charged the …
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Federal Court in Florida Orders Restitution, a Civil Monetary Penalty, and Permanent Trading Bans against Sentry Asset Group, LLC dba Sentry Asset Management, LLC, and John Pakel for Engaging in Illegal, Off-Exchange Precious Metals Transactions
… DC - The U.S. Commodity Futures Trading Commission (CFTC) today announced that a federal court in Miami, Florida … Wise) and AmeriFirst Management LLC (AmeriFirst). The CFTC filed enforcement actions against, among others, Lloyds … and Hunter Wise with fraud and other violations (see CFTC Press Releases 6447-12 and 6655-13 ). On September 18, …
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Remarks at FIA Global Cleared Markets Conference
… rate of technological change that we are seeing today, the CFTC must do everything it can to ensure we don’t smother … effective dose of principles-based regulation.  We at the CFTC support innovation in American financial markets. We … and Exchange Commission (SEC), followed in the 1970s by the CFTC. Fast forward to 2008. It’s important to remember that …
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2011-27536
… Phyllis P. Dietz, Deputy Director, (202) 418-5449, pdietz@cftc.gov; John C. Lawton, Deputy Director, (202) 418-5480, jlawton@cftc.gov; Robert B. Wasserman, Chief Counsel, (202) … FIA, they do not limit a DCO's discretion to impose extra charges on its clearing members for concentration risk. It …
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NYMEX and Two Former Employees to Pay $4 Million for Disclosing Material Non-Public Information
… District of New York entered a consent order resolving CFTC charges against the New York Mercantile Exchange (NYMEX) and … in violation of the Commodity Exchange Act (CEA) and CFTC regulations. The order finds Byrnes and Curtin directly …
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Statement of Commissioner Kristin N. Johnson Regarding Settlement with Cody Easterday for Massive Fraud, False Statements to an Exchange, and Position Limits Violations
… of $30 million. [6]   Approximately 18 months after the CFTC filed its civil action, Easterday entered a guilty plea … with the Commission. I commend efforts of the staff of the CFTC’s Division of Enforcement who pursued this litigation, … Robert T. Howell. [1] See CFTC Release No. 8372-21, CFTC Charges Washington State Rancher and Feedyard with $233 …
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Supporting Statement of Commissioner Brian D. Quintenz Regarding Establishing Capital Requirements for Swap Dealers and Major Swap Participants and Amending Existing FCM Capital Requirements
… the capstone of the Commodity Futures Trading Commission’s (CFTC or Commission) work to appropriately calibrate the … for registrants that are based upon products within the CFTC’s jurisdiction.  I am also very pleased that … are all subject to rigorous market and credit risk capital charges on these proprietary cleared positions.  I believe …
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