CFTC
Interactive Brokers to Pay $38M in Settlement Over AML Lapses
Publicly traded brokerage firm Interactive Brokers has agreed to pay multi-million dollar penalties to the SEC, Finra and CFTC for failure to flag suspicious transactions and lapses in AML compliance.
CFTC Chair: 'A Large Part' of Financial System Could End Up in Blockchain Format
Perfection shouldn’t be the enemy of good when it comes to regulating the cryptocurrency space, said Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert.
CFTC Seeks Industry Advice on Blockchain Applications
The commission’s technology advisory committee made several presentations on various blockchain applications including CBDCs and digital tokens during a four-hour-long remote meeting last Thursday.
SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps
The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble.
CFTC Hints at Future Digital Asset Regulatory Framework
The U.S. commodities regulator has a four-year plan for fostering responsible innovations in the crypto asset space.
ErisX Announces Launch of First US Ether Futures Contracts
ErisX is launching physically settled ether futures contracts, it announced Monday.
CFTC Claims 'Massive Fraudulent' Scheme Defrauded Investors of $20M
The CFTC alleged three individuals and affiliated entities defrauded crypto and binary options investors out of $20 million over 5 years.
Crypto Advocate Brian Quintenz Will Step Down From CFTC Role by October
CFTC Commissioner Brian Quintenz, who sponsored the Technology Advisory Committee and advocated for self regulation in the crypto industry, will leave his post by late October.
CFTC Approves Bitnomial to Offer Futures Contracts Settled in Real Bitcoin
The CFTC has approved Bitnomial Exchange to offer margined bitcoin futures and options contracts.
CFTC Charges Florida Resident With Defrauding Crypto Investors Out of $1.6M
The CFTC alleged Florida resident Alan Friedland defrauded investors out of $1.6 million, promising returns through his “Compcoin” token and an algorithmic trading software which never materialized.
