CFTC Commissioner Christy Goldsmith Romero appointed Nora Flood and Phillip W. Raimondi as Senior Counsels and Policy Advisors.
The CFTC and DOJ settled actions against an energy and commodities trading firm and two of its subsidiaries for manipulative and fraudulent practices, foreign corruption and bribery in the U.S. and global oil markets.
The DOJ, the SEC and the CFTC filed actions against FTX and its founder Samuel Bankman-Fried for defrauding U.S.-based and foreign investors, which resulted in billions of dollars in losses and missing customer funds.
The U.S. Senate Committee on Agriculture, Nutrition, & Forestry considered testimony from key regulators and market participants on the bipartisan Digital Commodities Consumer Protection Act of 2022.
Senators Jeff Merkley (D-OR), Raphael Warnock (D-GA) and Sherrod Brown (D-OH) introduced a bill that would prohibit members of Congress from trading securities, commodities and futures.