The Commodity Futures Trading Commission (CFTC) recently adopted final amendments to Part 190 of the CFTC's regulations (the "Final Rules"), governing bankruptcy proceedings with respect to commodity brokers.1 The Final Rules...more
CME Group Proposes New Clearing Member Category to Help Customers Avoid Pro Rata Distribution Risk in Case of FCM Insolvency: CME Group filed proposed rule changes with the Commodity Futures Trading Commission that would...more
7/25/2016
/ Arbitration ,
Chicago Mercantile Exchange (CME) ,
Clearing Members ,
Commercial Bankruptcy ,
Criminal Prosecution ,
Dark Pool ,
Derivatives Clearing Organizations ,
Disruptive Trading Practices ,
EFRP ,
Forum Selection ,
Futures Commission Merchants (FCMs) ,
HSBC ,
Insider Information ,
MF Global ,
Settlement Agreements
FiNCEN Finalizes Rules Requiring Banks, Broker-Dealers, FCMs, Mutual Funds and IBs to Help Verify Beneficial Owners of Certain Accounts:
The Financial Crimes Enforcement Network finalized rules requiring banks,...more
5/10/2016
/ Annuities ,
Beneficial Owner ,
Bitcoin ,
Commercial Bankruptcy ,
Consumer Financial Contracts ,
Cryptocurrency ,
European Securities and Markets Authority (ESMA) ,
FinCEN ,
Futures Commission Merchants (FCMs) ,
Global Systemically Important Banks (G-SIBs) ,
Mandatory Arbitration Clauses ,
MetLife ,
MiFIR ,
Swap Trading
FC Stone Companies and Goldman Sachs Receive Largest Fines in CME Group’s 27 Disciplinary Actions Cascade:
CME Group handed down sanctions in 27 separate disciplinary actions last week for alleged violations of rules...more
7/28/2015
/ Alternative Investment Fund Managers Directive (AIFMD) ,
AML/CFT ,
Broker-Dealer ,
Capital Requirements ,
CFTC ,
Chicago Mercantile Exchange (CME) ,
Commercial Bankruptcy ,
Commodity Trading Advisors (CTAs) ,
Creditors ,
Dodd-Frank ,
DSIO ,
EU ,
European Securities and Markets Authority (ESMA) ,
Goldman Sachs ,
ISDA ,
Rare Earth Metals ,
Sanctions