The Regulation of Retail Commodity Transactions—History and Background -
On March 24, 2020, the U.S. Commodity Futures Trading Commission (the Commission or the CFTC) finalized long-awaited interpretive guidance regarding...more
5/4/2020
/ Actual Delivery ,
Bitcoin ,
CFTC ,
Commodities ,
Designated Contract Markets (DCMs) ,
Digital Assets ,
Digital Currency ,
Dodd-Frank ,
Futures ,
Initial Coin Offering (ICOs) ,
Leveraged Finance ,
New Guidance ,
Securities and Exchange Commission (SEC) ,
Securities Exchanges ,
Trading Platforms ,
Virtual Currency
On March 24, 2020, the U.S. Commodity Futures Trading Commission (the Commission or the CFTC) finalized long-awaited interpretive guidance regarding what constitutes the “actual delivery” of a digital asset in the context of...more
5/1/2020
/ Actual Delivery ,
Bitcoin ,
Blockchain ,
Bucket Shop ,
CFTC ,
Commodities ,
Commodity Exchange Act (CEA) ,
Commodity Futures Contracts ,
Designated Contract Markets (DCMs) ,
Digital Assets ,
Digital Currency ,
Dodd-Frank ,
Futures ,
Initial Coin Offering (ICOs) ,
Leveraged Finance ,
New Guidance ,
Securities and Exchange Commission (SEC) ,
Securities Exchanges ,
Trading Platforms ,
Virtual Currency
On September 24th, the U.S. Commodity Futures Trading Commission (CFTC) settled charges against TeraExchange LLC, a provisionally registered bitcoin swap execution facility (SEF). The charges stem from a non-deliverable...more
9/25/2015
/ Bitcoin ,
CFTC ,
Commodity Exchange Act (CEA) ,
Enforcement Actions ,
Financial Institutions ,
Financial Markets ,
GMAC ,
NDFs ,
SEFs ,
Swap Execution Facilities ,
Trading Platforms
On September 17th, the Commodity Futures Trading Commission (“CFTC”) announced an enforcement order and settlement against an unregistered bitcoin options trading platform. The order is notable for six reasons:
1) It is...more