The Securities and Exchange Commission on February 4, 2022 published in the Federal Register its proposed new Rule 10B-1 under the Securities Exchange Act of 1934, together with a related form, Schedule 10B. The SEC had voted...more
The Commodity Futures Trading Commission published in the Federal Register on June 24, 2020 its final interpretive guidance concerning retail commodity transactions involving certain digital assets (2020 Guidance).1 The 2020...more
CFTC Also Proposes Amendments to Help Non-U.S. CPOs and Extends its Uncleared Swap Margin Phase-In Schedule -
During the period from late May 2020 through early June 2020, the Commodity Futures Trading Commission held...more
8/6/2020
/ CFTC ,
Commodities ,
Commodity Exchange Act (CEA) ,
CPOs ,
Disqualification ,
Dodd-Frank ,
Exemptions ,
Interim Final Rules (IFR) ,
Margin Requirements ,
Swaps ,
Uncleared Swaps
The U.S. Securities and Exchange Commission on November 25, 2019 unanimously approved for publication a rule proposal related to the use of derivatives and certain other transactions by companies that have elected to be...more
1/11/2020
/ BDC ,
Business Development Companies ,
CFTC ,
Commodities ,
Commodity Trading Advisors (CTAs) ,
CPOs ,
Derivatives ,
Investment Adviser ,
Investment Company Act of 1940 ,
NFA ,
Notification Requirements ,
Proposed Amendments ,
Public Comment ,
Recordkeeping Requirements ,
Registered Investment Companies (RICs) ,
Reporting Requirements ,
Repurchase Agreements ,
Rule 18f-4 ,
Securities and Exchange Commission (SEC) ,
Swaps
Director Joshua B. Sterling of the CFTC’s Division of Swap Dealer and Intermediary Oversight (DSIO or Division) delivered several speeches in September and early October 2019, setting forth certain guiding principles and the...more
10/11/2019
/ Asset Management ,
CFTC ,
Commodities ,
CPAs ,
CPOs ,
DSIO ,
Libor ,
Margin Requirements ,
No-Deal Brexit ,
Regulatory Agenda ,
Swap Dealers ,
Swaps
On March 6, 2019, the Commodity Futures Trading Commission (“CFTC”) published an Enforcement Advisory describing the circumstances in which companies that self-report violations of the Foreign Corrupt Practices Act (“FCPA”)...more
3/11/2019
/ Advisory Opinions ,
Anti-Bribery ,
Anti-Corruption ,
CFTC ,
Commodities ,
Commodities Traders ,
Commodity Exchange Act (CEA) ,
Department of Justice (DOJ) ,
Enforcement Guidance ,
Foreign Corrupt Practices Act (FCPA) ,
Securities and Exchange Commission (SEC) ,
Self-Reporting ,
Swaps ,
Voluntary Disclosure ,
White Collar Crimes
The National Futures Association (NFA), the U.S. self-regulatory organization of the futures and swaps trading industry, has published a new Interpretive Notice entitled “Disclosure Requirements for NFA Members Engaging in...more
8/22/2018
/ CFTC ,
Commodity Pool ,
Commodity Trading Advisors (CTAs) ,
CPOs ,
Derivatives ,
Disclosure Requirements ,
Futures ,
NFA ,
Promotional Items ,
Swaps ,
Virtual Currency
Against a backdrop of changing markets, rapidly evolving technology and increased jurisdiction, the U.S. Commodity Futures Trading Commission (CFTC) – the regulatory agency with responsibility for oversight of the U.S....more
6/29/2017
/ Amended Regulation ,
Blockchain ,
CFTC ,
Comment Period ,
Commodities ,
Commodity Exchange Act (CEA) ,
Commodity Trading Advisors (CTAs) ,
CPO ,
Deregulation ,
Derivatives ,
FinTech ,
LabCFTC ,
Over The Counter Derivatives (OTC) ,
Recordkeeping Requirements ,
Regulatory Burden ,
Swaps
The U.S. Commodity Futures Trading Commission (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) provided no-action relief on February 12, 2016 to commodity pool operators (CPOs) and commodity trading advisors...more
2/19/2016
/ CFTC ,
Commodity Pool ,
Commodity Trading Advisors (CTAs) ,
CPOs ,
Dodd-Frank ,
DSIO ,
Foreign Entities ,
Intermediaries ,
NFA ,
No-Action Relief ,
Non-US Entities ,
Swaps ,
Uncleared Swaps
The U.S. Securities and Exchange Commission (SEC) adopted its final rules on the definition of the term “U.S. person” solely for purposes of certain aspects of cross-border security-based swap activities (Final Rules) on July...more
The U.S. Commodity Futures Trading Commission (“CFTC”) has issued final rules (“Final Rules”) setting minimum block trade sizes for different types of CFTC regulated swaps that are permitted to be executed off-facility and...more
The U.S. Commodity Futures Trading Commission (“CFTC”) recently approved and issued its eagerly anticipated:
i. final interpretive guidance and policy statement on the cross-border application of the swap regulation...more