Category: Commodity Futures Trading Commission

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Acting Chairman Pham Announces Next Crypto Sprint Initiative

August 21, 2025 WASHINGTON, D.C. — Commodity Futures Trading Commission Acting Chairman Caroline D. Pham announced today the CFTC will begin its next crypto sprint initiative for implementation of the recommendations in the President’s Working Group on Digital Asset Markets report. Starting today, Acting Chairman Pham will begin stakeholder engagement on all other report recommendations for the CFTC. She … Continue reading Acting Chairman Pham Announces Next Crypto Sprint Initiative

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Federal Court Orders New York Man to Pay Over $3.4 Million For Forex Fraud Scheme Following Summary Judgment Ruling

Federal Court Also Sanctioned the Defendant for His Misconduct in Filing Defamatory and False Allegations Against the CFTC and Threatening CFTC Counsel August 12, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission announced today the U.S. District Court for the Eastern District of New York entered final judgment against Daniel Winston LaMarco of New York City, imposing … Continue reading Federal Court Orders New York Man to Pay Over $3.4 Million For Forex Fraud Scheme Following Summary Judgment Ruling

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As America gets over last week’s payrolls number, Kalshiex sees a legal setback …

From the trading desk … A slow day for me on the NADEX. This morning, I bought the EUR/USD > 1.1540 that expired at 3 pm today and sold the EUR/USD > 1.1640 that also expired at 3pm today. Price at expiration was 1.15645. Markets were still digesting the May and June downward revision of … Continue reading As America gets over last week’s payrolls number, Kalshiex sees a legal setback …

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CFTC Staff Issues No-Action Letter Regarding Event Contracts

July 23, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Division of Market Oversight and the Division of Clearing and Risk today announced they have taken a no-action position regarding swap data reporting and recordkeeping regulations in response to a request from the Chicago Mercantile Exchange Inc., a designated contract market and derivatives clearing organization. … Continue reading CFTC Staff Issues No-Action Letter Regarding Event Contracts

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Federal Court Orders UK Firms, Residents from China, Oklahoma to Pay $19M in CFTC Fraud Case

July 24, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission announced today the U.S. District Court for the Western District of Washington has resolved all claims the CFTC filed in its September 2024 complaint against Qian Bai and Chao Li, both residents of the People’s Republic of China, their co-conspirator Lan Bai, a resident of Oklahoma, as well as Aipu Limited and Fidefx Investments Ltd., which … Continue reading Federal Court Orders UK Firms, Residents from China, Oklahoma to Pay $19M in CFTC Fraud Case

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CFTC Issues Advisory on Referrals for Potential Criminal Enforcement

July 09, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Division of Enforcement today issued an advisory to provide guidance describing its plan to address criminally liable regulatory offenses in accordance with Executive Order 14294, Fighting Overcriminalization in Federal Regulations. The advisory announces the framework to be followed when DOE, as the CFTC division responsible for … Continue reading CFTC Issues Advisory on Referrals for Potential Criminal Enforcement

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The Interbank Markets: CFTC Warns Public of Imposter Scam Targeting Fraud Victims

May 14, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission is warning the public about a growing imposter scam involving individuals falsely claiming to represent the agency. Scammers are contacting members of the public and claiming to represent the CFTC Office of Inspector General. These imposters promise to help financial fraud victims recover lost funds from … Continue reading The Interbank Markets: CFTC Warns Public of Imposter Scam Targeting Fraud Victims