Commodity Futures Trading Commission (CFTC)
Clearing members fear CFTC bending rules for crypto
Critics warn new framework for Bitnomial and LedgerX could undermine clearing integrity
Stablecoins’ would-be lawgivers don’t know what they’re missing
Bills in US Congress focus on run risk, but more detail needed on operational challenges
CFTC rule change sparks dealer-client margin scuffle
FCMs fear “race to the bottom” as funds lobby dealers for lower margin status
CFTC’s Behnam wants federal oversight of crypto markets
Proposal would make US first western country to regulate crypto exchanges and traders
CFTC urged to take lead on CCP margin models
Advisory committee unable to agree steps on margin period of risk, model transparency
Margin rules snare FX options users
US banks forced to post margin on ‘naked’ trades, with buy-side firms soon to follow
CFTC fines BGC, GFI $25 million for FX options fraud
Regulator says emerging markets FX options brokers used fake bids and offers to induce clients to trade
Identity crisis for Facebook’s Libra under lawmakers’ grilling
Washington wrestles with ‘regulating the heck’ out of Libra without stifling innovation
Sef rule reform needs to be targeted: CFTC official
The Sef revamp should continue post-Giancarlo, says Rostin Behnam, but targeted changes would be better than a total rewrite
Where prosecutors stumbled in Bogucki and Cartel cases
Courtroom losses suggest failure to read the FX industry correctly before jumping into action
Giancarlo admits he might not finish Sef rules
CFTC chairman says his successor may have to finish regulation
US court rules cryptocurrencies are commodities
Asserting the CFTC’s jurisdiction, the ruling clears the way for the agency to bring its fraud case
Peter Little to fight proposed Fed ban at trial
Lawyers for the ex-trader, who is looking at a potentially permanent ban from markets, say he is innocent and will be vindicated
HSBC to pay $101 million to settle with DoJ
UK bank enters into deferred prosecution agreement and agrees to pay criminal penalty over Cairn Energy and other FX conduct
CFTC approves CME and Cboe bitcoin futures
But warns investors it has limited statutory authority over the underlying cash markets and exchanges for bitcoin, which are largely unregulated
Deutsche settles FX rigging case for $190m
Credit Suisse now the only holdout defendant in the case that involves 16 major banks
CFTC to boost resources to study HFT impact
Acting CFTC chief hopes to get better analytics to discover the effects of high-frequency trading on the market
Volcker fights back as prop-trading ban comes under attack
Former Fed chair tells Risk.net that calls for total overhaul of eponymous rule are misplaced
DoJ closes investigation into Deutsche Bank’s FX activity
US regulator's action is a big win for the bank, but civil suits and a decision from the NYDFS are still pending
New interim CEO for FXCM, renamed Global Brokerage
Founding members Niv and Ahdout resign following US ban from the CFTC and NFA. Meanwhile, the publicly traded company that owns FXCM Group will trade under a new name
FXCM hit by two class action complaints
At least 14 law firms start investigating FXCM; CFTC order provides backbone for lawsuits