Commodity Futures Trading Commission

126 results about this entity

Period: 02 Oct 2008 - 14 Jan 2025

/regulation

Citi penalised for system design flaw that scrubbed millions of audio files

Citibank has been fined $4.5 million by the Commodity Future Trading Commission (CFTC) for a design flaw which led to the deletion of millions of audio files, including recordings which had been subpoenaed.

/regulation

CFTC encourages standardised approach to assessing cybersecurity preparedness

The Commodity Futures Trading Commission recognizes the benefits provided when private sector financial institutions regulated by CFTC use a standardized approach to assess and improve their cybersecurity preparedness.

/regulation

Deutsche Bank to pay over $10 million to settle two CFTC cases

The Commodity Futures Trading Commission today announced the settlement of two enforcement matters involving Deutsche Bank.

/crypto

CFTC charges Florida man in fraudulent forex and digital asset scheme

The Commodity Futures Trading Commission today filed a complaint in the U.S. District Court for the Middle District of Florida, charging defendants Alan Friedland of Florida and his Florida-based companies, Fintech Investment Group, Inc. (Fintech) and Compcoin LLC, with fraudulently soliciting more than $1.6 million from their customers in connection with a leveraged or margined off-exchange foreign currency (forex) scheme.

/crypto

CFTC Issues digital asset guidance

The Commodity Futures Trading Commission today announced the Commission voted unanimously to approve final interpretive guidance concerning retail commodity transactions involving certain digital assets.

/regulation

CFTC orders Goldman Sachs to pay $1 million for recordkeeping violations

The U.S. Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against Goldman Sachs & Co. LLC for failing to make and keep certain audio recordings as required under CFTC regulations for swap dealers.

/regulation

US financial regulators join Global Financial Innovation Network

The Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC) today announced joining the Global Financial Innovation Network (GFIN).

/regulation

US regulators issue statement on digital asset AML obligations

The leaders of the U.S. Commodity Futures Trading Commission, the Financial Crimes Enforcement Network, and the U.S. Securities and Exchange Commission (the “Agencies”) today issued the following joint statement to remind persons engaged in activities involving digital assets of their anti-money laundering and countering the financing of terrorism (AML/CFT)obligations under the Bank Secrecy Act (BSA).[1]

/security

US brokerage fined by CFTC over $1 million cyber breach

The U.S. Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against Phillip Capital Inc. (PCI), a registered futures commission merchant, for allowing cyber criminals to breach PCI email systems, access customer information, and successfully withdraw $1 million in PCI customer funds.

/regulation

Merril Lynch punished for audit trail violations

The U.S. Commodity Futures Trading Commission today issued an order filing and settling charges against Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill Lynch), a registered futures commission merchant, for failing to promptly produce to the CFTC certain required records and, separately, failing to supervise its employees and agents to ensure that they fulfilled the firm’s statutory and regulatory obligations to keep and promptly produce such records.

CFTC issues report on automated futures trading

The Commodity Futures Trading Commission’s (CFTC) Market Intelligence Branch in the Division of Market Oversight (DMO) issued a report today that analyzed the entering of orders manually and automatically in commodity futures markets in the United States to determine how technological change is affecting futures trading.

US shutdown impacts fintech market

The ongoing shutdown of the US government, sparked by a disagreement over funding for border security, is starting to impinge on the US fintech industry, according to reports.