The CFTC and the DOJ charged the principal of a cryptocurrency escrow company for making false statements to two customers who had given the principal $7 million that their bitcoin would be "safeguarded" by his company.
In a Swiss Institute Research paper, finance professors found that trading volumes are larger and transaction costs are higher in the "dealer-to-client" trades than "interdealer trades" of the credit default swaps market.
In an interview conducted by CFTC Chief Market Intelligence Officer Andrew Busch, Harvard Law Professor Dr. Hal Scott discussed the 2008 financial crisis and where he sees financial market regulation heading in the U.S.
The New York Department of Financial Services requested comments on proposed revisions to cybersecurity rules that apply to a wide range of insurance, banking and financial services companies under its supervision.
Commentary by Joseph Facciponti
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