Displaying results 111 - 120 of 207
CFTC Division of Enforcement Issues Annual Report
… number of enforcement actions brought (113), the largest spoofing penalties ever assessed, and the most retail fraud … and civil monetary penalty ($436,431,811) amounts in a spoofing case. The most retail fraud actions (56) in a …
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Speech of Enforcement Director James M. McDonald Regarding Enforcement trends at the CFTC, NYU School of Law: Program on Corporate Compliance & Enforcement
… to undermine market integrity—misconduct like manipulation, spoofing, and disruptive trading. These cases are complex, … was the announcement of the parallel actions involving spoofing and manipulative conduct we filed together with the … and six individuals for manipulative conduct and spoofing, including the largest civil monetary penalty ever …
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Remarks of Chairman Timothy G. Massad before the Futures Industry Association Expo 2014
… just one example, Congress gave us new authority to attack “spoofing,” where a party enters a bid or offer with the … Last year, we brought a civil action against a firm for spoofing, one of the first such cases, and last month, the … for Illinois indicted an individual from that firm for spoofing, based on a referral from us. We are equally …
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Remarks of Chairman Timothy Massad before the Conference on the Evolving Structure of the U.S. Treasury Market
… is placed. Market integrity risk, due to the potential for spoofing or other forms of manipulation. The increased use … authority to prevent new forms of illegal behavior, such as spoofing. We have brought enforcement actions against those who engage in spoofing. And we will continue to be aggressive on this …
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Written Testimony of Chairman J. Christopher Giancarlo before the U.S. House Committee on Appropriations Subcommittee on Agriculture, Rural Development and Related Agencies, Washington, D.C.
… included significant actions to root out manipulation and spoofing and to protect retail investors from fraud. The … complex litigation, including cases charging manipulation, spoofing, and unlawful use of customer funds. One-third of … Enforcement Actions Manipulation, Attempted Manipulation, Spoofing, and/or Manipulative or Deceptive Device FY 2018 …
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Supporting Statement of Commissioner Dan M. Berkovitz Regarding Historic Penalty against JPMorgan and Opposing “Bad Actor” Waiver
… harm described in the Order is unparalleled among prior spoofing cases brought by the Commission.  This enforcement …
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Manuel F. Cohen Endowed Lecture by Commissioner Kristin Johnson at George Washington University Law School
… exchange order book. This data set can be used to identify spoofing and market microstructure manipulation schemes. … [24] Using a high-frequency trading strategy known as “spoofing,” Sarao entered tens of millions of dollars of … pled guilty to one count of wire fraud and one count of “spoofing.” This simplified description does not reach the …
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Statement by Commissioner Scott D. O’Malia to Opening Meeting to Discuss Swap Execution Facility Rules, Swap Block Rules, Made Available to Trade Determination and Disruptive Trade Guidance
… with respect to interpretation of disruptive trading and spoofing. In the ANPR, the Commission asked the industry to … for algorithmic or automated trading and what constitutes spoofing. Unfortunately, we failed to provide guidance in …
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CFTC Talks EP072: CFTC Jamie McDonald
… of cases his division brought against traders who utilize spoofing to manipulate market prices. Why joint prosecution …
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Commissioner Goldsmith Romero to Deliver Remarks at the First Annual Symposium of the Futures & Derivatives Law Report
… for the Futures & Derivatives Law Report on the topic, From Spoofing to Bribery: Recent Trends and Developments in …
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