The Consequences Of Rising Inflation & Crude Oil Prices
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
Continuing its aggressive enforcement of the anti-spoofing law enacted under the 2010 Dodd Frank Act, the CFTC recently filed an enforcement action—currently being litigated—against Roman Banoczay Jr., Roman Banoczay Sr., and...more
After dipping into negative territory for the first time ever in April, find out how crude oil prices could be headed towards $42/bbl....more
PE firm Sycamore Partners, which “agreed to buy a majority of Victoria’s Secret from its embattled owner, L Brands, in February,” is looking to back out of the deal “because of the retail chain’s response to the coronavirus...more
Wells Fargo & Co. agreed to pay a total of $3 billion to resolve criminal and civil investigations by the DOJ and SEC. Wells Fargo admitted “that it took millions in wrongful fees and interest, misused customer information...more
Find out why some energy companies are considering potential oil and gas impairments amid low oil and gas pricing, and what key considerations go into conducting these impairments in order to comply with debt covenants and...more