News Centre

Linus Financial Agrees To Settle SEC Charges Of Unregistered Offer And Sale Of Securities - SEC Declines To Impose Civil Penalties Because Of Firm’s Cooperation And Prompt Remediation

Date 07/09/2023

The Securities and Exchange Commission today announced settled charges against Linus Financial, Inc. for failing to register the offers and sales of its retail crypto lending product, the Linus Interest Accounts. The SEC determined not to impose civil penalties against Linus Financial because of the Nashville-based company’s cooperation and prompt remedial actions.

Statement Of CFTC Commissioner Kristin N. Johnson Regarding CFTC Resolving Charges Against Three Decentralized Finance Companies: The Need For Oversight

Date 07/09/2023

Yesterday, the Commodity Futures Trading Commission (CFTC) announced the entry of charges against operators of three decentralized finance (DeFi) protocols.  For the first time, the CFTC charged a DeFi operator—Opyn, Inc. and Deridex, Inc—with failing to register as a swap execution facility (SEF) or designated contract market (DCM). The CFTC also charged these businesses with failure to register as a futures commission merchant (FCM) and failure to adopt know your customer (KYC) procedures and a customer identification program (CIP) as required by the Bank Secrecy Act.  Opyn, Deridex, and a third company, ZeroEx, Inc., were also charged with illegally offering leveraged and margined retail commodity transactions in digital assets.

CFTC Financial Data For Futures Commission Merchants Update

Date 07/09/2023

The latest reports for July 2023 are now available.

Readout: US Treasury - Russian Elites, Proxies, And Oligarchs (REPO) Deputies Meeting

Date 07/09/2023

Deputy Secretary of the Treasury Wally Adeyemo and Principal Associate Deputy Attorney General Marshall Miller convened Deputies of the REPO Task Force to enhance sanctions enforcement efforts and bolster ongoing oligarch asset forfeiture initiatives.

CFTC Charges Texas Firm And Head Trader With Spoofing And Engaging In A Manipulative And Deceptive Scheme And Violating A Prior CFTC Order

Date 07/09/2023

The Commodity Futures Trading Commission today filed a civil complaint in the U.S. District Court for the Northern District of Illinois against Logista Advisors LLC and Andrew Serotta, charging them with spoofing, engaging in a manipulative and deceptive scheme, failing to supervise, and for violating a prior CFTC order. 

Remarks Of CFTC Commissioner Caroline D. Pham Before The Cato Institute, Staying Ahead Of The Curve: Crypto Regulation And Competitiveness - New Regulatory Sandboxes: A Proposal For A CFTC Pilot Program

Date 07/09/2023

Good afternoon.  I would like to begin by extending my thanks to the Cato Institute for inviting me to speak before such an esteemed group—both those presenting at, and attending, today’s conference. It is an honor to be speaking alongside and before some of the most prominent thought leaders in the world at Cato.

Euronext Announces Volumes For August 2023

Date 07/09/2023

Euronext, the leading pan-European market infrastructure, today announced trading volumes for August 2023.

MIAX Exchange Group - Moment Of Silence On Monday, September 11, 2023

Date 07/09/2023

Please be advised the MIAX Exchanges will observe one minute of silence at 9:20 A.M. Eastern on Monday, September 11, 2023 to honor 9/11 victims, survivors, and their families.

Remarks Of CFTC Commissioner Pham To Keynote At The Cato Institute’s “Staying Ahead Of The Curve: Crypto Regulation And Competitiveness” Conference

Date 07/09/2023

Sterling Trading Tech Accelerates Its Global OMS Growth, Industry Veteran Mike Baradas Leads Effort

Date 07/09/2023

Sterling Trading Tech (STT), a leading provider of trading technology including a proprietary order management system, a risk and margin system, and trading platforms for the capital markets worldwide, announced today the appointment of industry veteran Michael Baradas as OMS Product Manager.