Tag Archives: CFTC

Patrick McDonnell, Bitcoin Fraudster Ordered To Pay $1.1M In CFTC Lawsuit

Federal judge orders Patrick K. McDonnell to pay over $1.1 million in connection with a lawsuit brought by the (CFTC) alleging fraud in connection with virtual currencies, including Bitcoin and Litecoin, CFTC announces. The post Patrick McDonnell, Bitcoin Fraudster Ordered … Continue reading

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CFTC proposes process on exempting non-U.S. derivative clearing organizations

On August 8, 2018, the U.S. Commodity Futures Trading Commission (CFTC) announced a notice of proposed rulemaking, which if adopted as proposed, would set out the policies and procedures for clearing organizations located outside of the United States to follow … Continue reading

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Industry groups support CFTC proposal on swap dealer registration; watchdog calls it ‘Swiss cheese’

By Lene Powell, J.D. Major financial industry associations including SIFMA, ISDA, and FIA largely supported a CFTC proposal setting the amount and types of swap dealing activity that trigger the requirement to register as a swap dealer. However, public interest … Continue reading

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CFTC joins regulatory chorus in warning investors about the hazards of digital tokens

By Brad Rosen, J.D. The CFTC has issued a customer advisory aimed at would-be investors of virtual coins and ICO’s warning them of potential risks and pitfalls associated with these novel products and emerging markets. With its release titled Use … Continue reading

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