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          • December 15, 2020

            Interdealer Brokers Settle CFTC Charges for "Flying" Prices and "Printing" Trades

            In the U.S. District Court for the Southern District of New York, a pair of affiliated interdealer brokers settled CFTC fraud charges related to fictitious bids that had not been made and reported trades that had not occurred.
            Steven.Lofchie@cwt.com's picture
            Commentary by Steven Lofchie
          • October 02, 2020

            CFTC Charges Crypto-Derivatives Platform with Trading and AML Violations

            The CFTC filed charges against five entities and three individuals for owning and operating an unregistered platform for the trading of derivatives on cryptocurrencies.
            Steven.Lofchie@cwt.com's picture
            Commentary by Steven Lofchie
          • July 31, 2020

            OFAC Adds Chinese Entity to SDN List in Connection with Human Rights Abuses

            OFAC designated a Chinese company and two individuals to the Specially Designated Nationals and Blocked Persons List. The designations were linked to human rights abuse in the Xinjiang Uyghur Autonomous Region.
            James.Treanor@cwt.com's picture
            Commentary by James Treanor
          • July 15, 2020

            Industry Groups Comment on CFTC-Proposed Revamp of Bankruptcy Rules

            Industry groups offered recommendations on a CFTC proposal to "comprehensively update" its bankruptcy regulations.
          • June 03, 2020

            DOJ Updates Guidance to Prosecutors on Corporate Compliance Programs

            The DOJ issued updated guidance to prosecutors regarding how to evaluate the compliance programs of corporations undergoing a criminal investigation or prosecution.
            wesley.wintermyer@cwt.com's picture
            Commentary by Wesley Wintermyer
          • June 01, 2020

            Reg. Tracker: June 1 to 15

            The Cabinet Regulatory Tracker is a list of upcoming comment deadlines, delayed actions, effective dates and expiration dates.
          • March 26, 2020

            OFAC Makes Technical Amendments to Nicaragua-Related General Licenses

            OFAC made minor technical amendments to two Nicaragua-related general licenses.
          • March 25, 2020

            CFTC Staff Reports on Current Derivatives Market Data

            In a briefing before the Energy and Environmental Market Advisory Committee, the CFTC's Market Intelligence Branch concluded that "the derivatives markets appear resilient in the face of lower liquidity and historic volatility and volume."
          • March 24, 2020

            CRS Summarizes Pending Legislation to Assist Small Businesses

            In a new report on the Small Business Administration 7(A) Loan Guaranty Program, the Congressional Research Service summarized pending legislation to assist small businesses adversely affected by COVID-19.
          • March 20, 2020

            OFAC Extends the Authorization of Ukraine-Related General Licenses

            OFAC extended the expiration date for two Ukraine-related General Licenses.
          • March 13, 2020

            OFAC Sanctions Subsidiary of Russian Oil Company for Venezuela Oil Operations

            OFAC designated a subsidiary of a Russian state-controlled oil company for "operating in the oil sector of the Venezuela economy." In addition, OFAC amended several general licenses and two FAQs.
          • March 03, 2020

            MSRB Reports Significant Decline in Municipal Securities Trading for 2019

            The MSRB reported that the trading of municipal securities declined substantially in 2019.
          • January 28, 2020

            Mutual Fund Executives Settle Charges for Misrepresentation; Face Federal Charges for Fraud

            A mutual fund and its CEO settled CFTC and SEC charges for making materially misleading statements regarding the fund's risk management practices.
            Steven.Lofchie@cwt.com's picture
            Commentary by Steven Lofchie
          • January 24, 2020

            Ecuadorian Citizen Pleads Guilty in Bribery and Money Laundering Scheme

            A Miami-based Ecuadorian citizen pleaded guilty to DOJ charges of bribery and money laundering involving public officials at a state-owned and state-controlled oil company in Ecuador.
          • January 13, 2020

            U.S. District Court Enters Judgment against Former CEO for Insider Trading

            The U.S. District Court for the District of Connecticut entered a judgment against the former CEO of a payment systems company for insider trading.
          • December 04, 2019

            DOJ Charges Russian and Italian Nationals with Evading Trade Sanctions

            The DOJ charged several Russian and Italian nationals and a U.S. citizen for attempting to evade U.S. trade sanctions.
          • December 03, 2019

            SEC Charges Entity and Associated Individuals with Misleading Senior Investors

            The SEC charged an entity and several associated individuals with misleading 100 investors - most of whom were seniors - resulting in $4.9 million in losses.
          • November 15, 2019

            Organizers of Unregistered ICO Offering Settle SEC Charges

            The organizers of an allegedly unregistered offering of digital asset securities settled SEC charges of defrauding investors out of millions of dollars.
            Christian.Larson@cwt.com's picture
            Commentary by Christian Larson
          • October 24, 2019

            CFTC Makes LabCFTC an Independent Office and Provides AI Primer

            CFTC LabCFTC will now operate as an independent office.
          • October 16, 2019

            Financial Advisor Pleads Guilty to Money Laundering

            A financial advisor pleaded guilty to conspiracy, money laundering, and violations of the Foreign Corrupt Practices Act.
            Christian.Larson@cwt.com's picture
            Commentary by Christian Larson
          • October 11, 2019

            Broker-Dealer Firm and CEO Settle SEC Charges for Enabling Manipulative Trading Scheme

            A broker-dealer firm and its CEO settled SEC charges for enabling Ukraine-based customers to conduct a manipulative trading scheme.
          • October 09, 2019

            SEC and DOJ Charge Individuals in Bribery Scheme

            The SEC charged the former CEO and president of a Nasdaq-traded security technology company and three other individuals in a fraudulent broker bribery scheme. The DOJ filed charges against one of the individuals in a parallel action.
          • October 02, 2019

            SEC Proposes Rescinding Certain Regulation NMS Provisions on Fee Change Amendments

            The SEC proposed rescinding certain exceptions to national market system regulations concerning fee changes to a national market system plan.
            Steven.Lofchie@cwt.com's picture
            Commentary by Steven Lofchie
          • September 18, 2019

            FTC Supports CFPB Proposal to Amend Debt Collection Practices

            In comments supporting a CFPB proposal to amend the Fair Debt Collection Practice Act, the FTC recommended that the CFPB require collectors to adopt procedures to ensure consumers receive notices.
          • August 02, 2019

            House Ag Subcommittee Raises "Grave Concerns" over EU Clearing Regulation

            The House Committee on Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit raised concerns over potential European "encroachment" on U.S. clearinghouse oversight.
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