News Centre

CFTC Commissioner Goldsmith Romero To Speak At City Week 2024

Date 10/05/2024

CFTC Commitments Of Traders Reports Update

Date 10/05/2024

The current reports for the week of May 07, 2024 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.

Dissenting Statement Of CFTC Commissioner Caroline D. Pham On Event Contracts Proposal

Date 10/05/2024

I respectfully dissent from the Event Contracts Proposal because it takes the CFTC’s regulation of event contract markets backwards with its fundamental misunderstanding of how we regulate derivatives and the States regulate gaming. Instead of thoughtfully considering how to effectively regulate these markets while fostering innovation, the Event Contracts Proposal ties itself in knots over the bounds of gaming, which Congress has neither asked nor directed the Commission to regulate. I am simply disappointed in this wasted opportunity to regulate retail binary options, sidestepping our responsibility, and concerned about its legal impact.

Dissenting Statement Of CFTC Commissioner Summer K. Mersinger Regarding Proposed Rulemaking On Event Contracts

Date 10/05/2024

I support the Commission undertaking a rulemaking on event contracts, which is long overdue.  During my tenure on the Commission, I have consistently called for a rulemaking process to establish a framework for the Commission to exercise the discretionary authority with respect to event contracts that Congress granted to the agency in our governing statute, the Commodity Exchange Act (“CEA”).

NGX Lists N4.075 Billion AVA Infrastructure Fund

Date 10/05/2024

Nigerian Exchange (NGX) Limited on Friday listed N4.075 billion of AVA Infrastructure Series 1 Fund on its trading platform.

SEC Charges Pennsylvania Resident With Insider Trading In Dick’s Sporting Goods Securities

Date 10/05/2024

The Securities and Exchange Commission today charged Gibsonia, PA resident Frank T. Poerio, Jr. with insider trading for misappropriating material, nonpublic information concerning Dick’s Sporting Goods Inc. and trading on that information, realizing illegal profits of more than $800,000.

Commencement Remarks, Federal Reserve Vice Chair For Supervision Michael S. Barr, At The American University School Of Public Affairs Graduation Ceremony, Washington, D.C.

Date 10/05/2024

Congratulations, Class of 2024! Let me also congratulate your families, friends, teachers, mentors, and everyone else who believed in you and supported you on the path that brought you here today. Thank you, President Burwell, Provost Wilkins, and Dean Jacknowitz

The Pursuit Of Excellence; Opening Remarks Before Eleventh Annual Conference On Financial Market Regulation, CFTC Commissioner Jaime Lizárraga, Washington D.C., May 10, 2024

Date 10/05/2024

Thank you, Vlad [Ivanov], for that introduction. To Jessica Wachter: thank you for your leadership as Director of the Commission’s Division of Economic and Risk Analysis (“DERA”), and for inviting me to deliver these remarks today.

UK Financial Conduct Authority: Stuart Bayes Sentenced For Insider Dealing

Date 10/05/2024

Following a sentencing hearing at Southwark Crown Court, Stuart Bayes, 58, was today sentenced to 18 months’ imprisonment, suspended for 2 years, after being convicted of 2 counts of insider dealing.

Statement Of CFTC Commissioner Caroline D. Pham: The CFTC Needs To Get Serious. A Strategic Plan For Reform

Date 10/05/2024

Today, the Commodity Futures Trading Commission (CFTC) will take yet another step down a misguided path that encroaches so far onto States’ rights that it makes a mockery of the Tenth Amendment.  It pains me to say that despite the road here being paved with good intentions, today’s event contracts rulemaking is yet another example of how far the Commission has strayed from the requirements of the Administrative Procedure Act and the Constitution, and how little the Commission seems to care for fairness and due process under the law.