Welcome to the inaugural issue of Katten’s Financial Markets and Funds Quick Take. Each month, Quick Take will highlight key noteworthy developments potentially affecting financial markets and funds.
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CME Group Summarily Suspends Trading Privileges of Two Traders Without Hearing for Alleged Spoofing and Non-Cooperation -
Less than two weeks after civil and criminal charges were filed by the Commodity Futures Trading...more
5/5/2015
/ Algorithmic Trading ,
Capital Markets ,
CFTC ,
Chicago Mercantile Exchange (CME) ,
Code of Conduct ,
Counterparties ,
Cybersecurity ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Institutions ,
Flash Boys ,
Futures Commission Merchants (FCMs) ,
Investment Adviser ,
Non-US Entities ,
Securities and Exchange Commission (SEC) ,
Security-Based Swaps ,
Spoofing ,
Suspensions & Debarments
ICE Futures Fined US $3 Million by CFTC for Reporting Errors and Untimely Response to Inquiries -
The Commodity Futures Trading Commission fined ICE Futures U.S., Inc. US $3 million last week for filing allegedly...more
3/24/2015
/ Algorithmic Trading ,
Broker-Dealer ,
Bureau of Industry and Security (BIS) ,
Capital Markets ,
CFTC ,
Enforcement Actions ,
Futures ,
Hong Kong ,
Investment Funds ,
IOSCO ,
Shanghai Futures Exchange
FCA Sanctions Bank of Beirut, Former Compliance Officer and Former Internal Auditor for Providing Misleading Information Regarding AML Systems and Controls Remediation -
The Bank of Beirut was fined GBP 2.1 million...more
3/10/2015
/ Banking Sector ,
Banks ,
Capital Markets ,
Chief Compliance Officers ,
Deutsche Bank ,
European Central Bank ,
Eurozone ,
Financial Conduct Authority (FCA) ,
Internal Controls ,
International Banks ,
Sanctions