cftc

CFTC Secures Federal Court Orders Requiring Former Long Island Resident and His Firm to Pay Over $288 Million for Operating a Commodity Pool Ponzi Scheme

During the CFTC’s lawsuit, the court-appointed receiver recovered millions of dollars in investor funds and other assets held by the defendants and is distributing those funds to the defrauded ...
cftc

CFTC Issues Interim Final Rule Excluding Certain Activity from the Definition of Swap

WASHINGTON — The Commodity Futures Trading Commission today published an Interim Final Rule that codifies the CFTC’s longstanding position that casino-style gambling products, including wagers placed ...
cftc

CFTC Issues No-Action Letter for DCMs Regarding Converting Existing Perpetual-Style Broad-Based Security Index Futures into True Perpetual Futures

The Commodity Futures Trading Commission’s Division of Market Oversight today announced it has issued no-action relief to designated contract markets seeking to convert their existing perpetual style ...
cftc

Keynote Remarks at 2026 U.S. Treasury Market Conference

It’s a pleasure to be here today at the U.S. Treasury Market Conference. I want to thank President John Williams and the New York Fed for inviting me to share my perspective before such a wonderful ...
cftc

CFTC Secures Court Order Directing Florida Man to Pay Over $6 Million for Options Fraud and Imposing Trading Bans

WASHINGTON — The Commodity Futures Trading Commission announced today the U.S. District Court for the District of Connecticut entered a default judgment against defendant Michael Frederick Staryk, ...
cftc

CFTC Orders Gabriel Perez to Pay $172,000 for Insider Trading of Mention Market Event Contracts

WASHINGTON — The Commodity Futures Trading Commission today announced an order filing and settling charges against Gabriel Perez for misappropriating material, nonpublic information obtained through ...
cftc

The Economist Op-Ed | The New Era of Finance Needs Innovation More Than Consensus

THE GLOBAL derivatives market has entered a new era, and the United States is leading it. For decades, derivatives—financial contracts such as futures, options and swaps, whose value is based on the ...
cftc

CFTC Orders Two Foreign Firms to Pay $2.5 Million for Illegal Off-Exchange Transactions with U.S. Customers

WASHINGTON — The Commodity Futures Trading Commission today announced an order filing and settling charges against Netrios LP Ltd. and Red Acre Ltd. for facilitating illegal off-exchange leveraged or ...
cftc

CFTC Issues Policy Statement Concerning the Listing of Perpetual Contracts

WASHINGTON — The Commodity Futures Trading Commission today issued a policy statement describing the views of the Commission concerning the listing of perpetual contracts. This policy statement was ...
cftc

CFTC Staff Issues Advisory on 24/7 Trading, Clearing, and Settlement

WASHINGTON — The Commodity Futures Trading Commission’s Division of Clearing and Risk, Division of Market Oversight, and Market Participants Division today issued a staff advisory regarding 24/7 ...
cftc

Commission Staff Confirms the Categorization of Certain Crypto Asset Perpetuals as Foreign Futures and Issues No-Action Letter Regarding FCM Transfers of Customer Crypto Assets ...

WASHINGTON — The Market Participants Division of the Commodity Futures Trading Commission today announced it has issued an interpretation and a no-action position in response to a request from ...
cftc

CFTC Sues to Block State Enforcement in Rhode Island Amid Ongoing Efforts to Preserve Jurisdiction

WASHINGTON — The Commodity Futures Trading Commission moved to intervene in a lawsuit today in the U.S. District Court for the District of Rhode Island to halt the state’s efforts to apply state ...