Commentary by Steven Lofchie
CFTC Chair J. Christopher Giancarlo reasserted the "obligation of futures exchanges to ensure that virtual currency futures are not susceptible to manipulation, and of futures clearinghouses to ensure that such products are adequately risk managed."
The Office of the Comptroller of the Currency detailed key risks facing the federal banking system in its Semiannual Risk Perspective for Fall 2017.
The SEC adopted a final rule establishing that certain communications involving security-based swaps will not be considered as "offers" under the Securities Act.
An international bank agreed to pay over $100 million to resolve charges related to a "front-running" scheme to defraud clients.
The SEC announced SRO rule changes and proposals for the week of January 15 to January 19, 2018.