On September 28, the CFTC announced that it was creating the Insider Trading & Information Protection Task Force, a coordinated effort across the
Jitesh Thakkar, who was criminally charged earlier this year in a federal court in Chicago with conspiracy to commit spoofing and aiding and abetting
On July 10, 2017, the Consumer Financial Protection Bureau (CFPB) dropped the other shoe and issued final rules prohibiting “providers of consumer
On June 5, 2017, the US Supreme Court ruled that the five-year statute of limitations in 28 U.S.C. 2462 applies to
In a May 25, 2017 decision, the U.S. Court of Appeals for the Seventh Circuit affirmed a Commodity Futures Trading Commission (CFTC) Opinion and Order
On January 13, 2017, the Supreme Court granted certiorari in Kokesh v. Securities and Exchange Commission (U.S. Jan. 13, 2017) (No. 16-529) to
Federal regulatory agencies, such as the Securities and Exchange Commission (“SEC”), the Commodity Futures Trading Commission (“CFTC”), and the
The economy may be improving, but challenges remain for employers in the financial services industry. From ever-increasing whistleblower claims to
The SEC opened its Office of the Whistleblower on August 12, 2011.
On June 1st, the CFTC's Division of Market Oversight issued a letter granting no-action relief to permit the Osaka Securities Exchange Co., Ltd. ("OSE"), to make its electronic trading and order matching system, the OSE Trading System ("OSE TS"), available to OSE Transaction Participants ("OSE TPs") in the U.S. without obtaining contract market designation or registration as a derivatives transaction execution facility.