The Commodity Futures Trading Commission (CFTC or Commission) released its enforcement results for fiscal year 2023 on November 7, 2023. The CFTC’s Division of Enforcement filed 96 enforcement actions in 2023 charging a range...more
The Commodity Futures Trading Commission (CFTC) announced last week that it has obtained another admission from a trader of violations of the Commodity Exchange Act and CFTC regulations ...more
The Federal Energy Regulatory Commission (FERC) announced on February 22 that its Office of Enforcement would examine wholesale natural gas and electricity market activity during last week’s extreme cold weather ...more
2/24/2021
/ CFTC ,
Electricity ,
Energy Market ,
Energy Policy ,
FERC ,
Government Investigations ,
Infrastructure ,
Market Manipulation ,
Natural Gas ,
Oil & Gas ,
Price Gouging ,
Severe Weather ,
Wholesale
After severe winter weather forced Texas into experiencing power outages and rolling blackouts, there will likely be resulting federal and state investigations into the outages, federal investigations into commodity and...more
2/18/2021
/ CFTC ,
Critical Infrastructure Sectors ,
Force Majeure Clause ,
Futures ,
Government Investigations ,
Natural Gas ,
NERC ,
Oil & Gas ,
Pipelines ,
Power Grid ,
Reliability Standards ,
Severe Weather ,
Storm Damage
A natural gas trader pleaded guilty in federal district court last week to conspiring to commit commodities fraud and wire fraud in an insider trading scheme over natural gas futures. His co-conspirator had pleaded guilty...more
2/12/2021
/ Anti-Manipulation Rule ,
CFTC ,
Commodities ,
Dodd-Frank ,
Fraud ,
Futures ,
Guilty Pleas ,
Insider Trading ,
Market Manipulation ,
Natural Gas ,
Oil & Gas ,
Wire Fraud
The Commodity Futures Trading Commission (CFTC or the Commission) Division of Enforcement filed the most enforcement actions in the Commission’s history in fiscal year 2020 (FY 2020). On December 2, 2020, DOE released its...more
The Commodity Futures Trading Commission (CFTC) recently issued an interim report by CFTC Staff on the April 2020 price collapse of the West Texas Intermediate light sweet crude oil futures contract (WTI Futures Contract)....more
12/1/2020
/ Biden Administration ,
Capital Markets ,
CFTC ,
Commodities ,
Coronavirus/COVID-19 ,
Crude Oil ,
Derivatives ,
Futures ,
Infectious Diseases ,
Infrastructure ,
Market Participants ,
Oil Prices ,
OPEC
The Commodity Futures Trading Commission (CFTC) recently released its Annual Report on the Whistleblower Program and Customer Education Initiatives for fiscal year (FY) 2019. The report, which details the operation of the...more
The Commodity Futures Trading Commission (CFTC) filed and settled charges on October 24 against Upstream Energy Services LLC (Upstream Energy) for acting as an unregistered futures commission merchant. The Commission’s order...more