Posts Tagged ‘cftc’
Another Regulator Talks ‘Gatekeepers’
We’ve seen a lot of mess in the cryptocurrency world lately. Last week a leading voice on the Commodity Futures and Trading Commission called for one specific group to step up and do better with this bedraggled bit of the finance industry: gatekeepers. CFTC commissioner Christy Goldsmith Romero, a Democratic appointee and head of the…
Read MoreCFTC’s $200M Whistleblower Award
Here’s news that will leave whistleblowers speechless: the Commodities and Futures Trading Commission just gave out the largest whistleblower award in U.S. history, a $200 million windfall reportedly going to a former Deutsche Bank executive who provided crucial help in unraveling the LIBOR rate-fixing scandal. The CFTC won’t confirm the whistleblower’s identity, but the person…
Read MoreCFTC Stresses Compliance Programs
The Commodity Futures Trading Commission updated its enforcement manual last week for the first time in 26 years, with a heap of attention paid to the importance of corporate compliance programs when firms are looking to reduce potential monetary penalties. The update, published as a four-page memo from the CFTC Enforcement Division on May 20,…
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