Participants at a CFTC roundtable debated numerous elements of proposed Regulation Automated Trading. Commissioners clashed on the scope of government demands for information and the urgency to complete and implement the regulation.
News & Insights
The CFTC Division of Swap Dealer and Intermediary Oversight granted relief from the annual report filing requirement to the Commodity Pool Operator of pools that operate as part of a master-feeder structure pursuant to an exemption under CFTC Rule 4.7.
The CFTC extended no-action relief so that swap execution facilities and designated contract markets could correct trades that were rejected for clearing due to operational and clerical errors.
The SEC settled charges with an Ethiopian electric utility for failing to register bonds that were offered and sold to U.S. residents.
The SEC charged a Connecticut man with fraud for misleading people, several of whom were women he met through an online dating website, into investing over $2.3 million in his company and then taking their money for his own personal use.