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  • CFTC Charges Gemini Trust Company For Making Material False Or Misleading Statements And Omissions To The Commission

    Date 02/06/2022

    The Commodity Futures Trading Commission today announced it has filed a complaint in the U.S. District Court for the Southern District of New York against Gemini Trust Company, LLC (Gemini), based in New York, N.Y., for making false or misleading statements of material facts or omitting to state material facts to the CFTC in connection with the self-certification of a bitcoin futures product. The CFTC seeks disgorgement of ill-gotten gains, civil monetary penalties, injunctions relating to registration and trading, and an injunction against further violations of the Commodity Exchange Act (CEA), as charged.

  • Sterling Trading Tech Introduces Upcoming Enhancements To Its Order Management System - OMS Enhancements Include Increased Scalability And Throughput, A New Rules Engine, And Support For Trading Of Fractional Shares

    Date 02/06/2022

    Sterling Trading Tech (STT), a leader in multi-asset class technology solutions for the capital markets, today announced enhanced functionality for its order management system (OMS). With advanced features that include a risk-based rules engine and the ability to trade fractional shares, the system offers broker-dealers and their traders unprecedented power and flexibility. Designed for high-throughput specifications, the upgrades place the Sterling OMS among the fastest and most robust OMS solutions on the market today.

  • SEC Charges Louisiana Town And Former Mayor With Fraud In Two Municipal Bond Deals - Town’s Municipal Advisor And Its Owner Also Charged

    Date 02/06/2022

    The Securities and Exchange Commission today charged the town of Sterlington, Louisiana and its former mayor, Vern A. Breland, as well as the town’s unregistered municipal advisor, Twin Spires Financial LLC, and its owner, Aaron B. Fletcher, with misleading investors in the sale of $5.8 million in municipal bonds across two offerings in 2017 and 2018.

  • ACER Initiates The Drafting Of New Framework Guidelines On Demand Response

    Date 02/06/2022

    On 1st June 2022, the EU Agency for the Cooperation of Energy Regulators (ACER) has been asked by the European Commission to submit non-binding framework guidelines setting out clear and objective principles for the development of a network code on demand response. The network code will aim at enabling market access for demand response, including load, storage and distributed generation (aggregated or not), as well at facilitating the market based procurement of services by distribution and transmission system operators.

  • Opening Statement of Chairman Rostin Behnam at the CFTC Voluntary Carbon Markets Convening, Washington, DC

    Date 02/06/2022

    Introduction

    Good morning and welcome to the Voluntary Carbon Markets Convening.  I want to thank Commissioners Johnson, Goldsmith Romero, Mersinger, and Pham for joining today’s meeting.  I also want to thank and acknowledge the members of the Climate Risk Unit (CRU), our distinguished keynote speakers, moderators, and panelists.  Finally, I want to extend my gratitude to David Gillers, the CFTC’s Chief of Staff and CRU Director, Abigail Knauff, a Special Counsel in my office and CRU Deputy, and all of the CRU staff for their work in initiating this Convening.