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  • ICYMI: Making Derivatives Markets Work For American Agriculture - Op-Ed By CFTC Chairman Tarbert Featured For The American Farm Bureau Federation

    Date 22/01/2020

    “America’s farmers and ranchers are at the heart of our real economy. Yet for the past six years, U.S. agricultural production has faced turbulence. From natural disasters to low commodity prices, farmers and ranchers are forced to spend considerable time thinking about how to mitigate risk and insulate themselves from potential losses. Farm bill programs and crop insurance are an important part of that equation, but so are the derivatives markets."

  • FIA Seeks Clarity From The CFTC On Permissible Market Practices For Margining Separate Accounts

    Date 22/01/2020

    Today, FIA formally petitioned the Commodity Futures Trading Commission (CFTC) to amend its rules to clarify the margin treatment of separate customer accounts.  In two related petitions, FIA seeks codification of no-action relief issued by the CFTC, which governs the disbursement of customer margin to separate accounts of a common beneficial owner, and requests the CFTC to clarify its position on allocated asset recourse for separate accounts.  Allocated asset recourse arrangements allow Futures Commission Merchant (FCM) clearing members to carry managed accounts for institutional customers by designating the customer assets under management as the assets to which the FCM will have recourse in the event of a customer’s default. Both petitions ask the CFTC to conduct a rulemaking and seek public comment on these important issues

  • Opening Remarks At The Inaugural Meeting Of The Asset Management Advisory Committee, SEC Chairman Jay Clayton, Washington D.C., Jan. 14, 2020

    Date 22/01/2020

    I am delighted to welcome you in this new year to the inaugural meeting of the Commission’s newest advisory committee—the Asset Management Advisory Committee, or the “AMAC.” I apologize that I am not there to speak to you in person. I am in Europe for meetings with my international counterparts on matters that relate directly to the evolution and globalization of the asset management industry, including (1) whether there is a mismatch in investor expectations and market realities regarding liquidity depth in various equity, fixed income and alternative asset markets, and (2) issues raised by the reference rate transition and the discontinuation of LIBOR.

  • CFTC Swaps Report Update

    Date 22/01/2020

    CFTC's Weekly Swaps Report has been updated, and is now available.

  • SEC Awards Whistleblowers Whose Information Helped Stop Fraud

    Date 22/01/2020

    The Securities and Exchange Commission today announced two whistleblower awards in connection with two separate enforcement actions.  Both whistleblowers provided significant information that helped the SEC shut down two separate fraudulent schemes preying on retail investors.  In the first action, the whistleblower alerted the agency to a fraudulent scheme.  The SEC awarded the whistleblower more than $277,000.  In the second action, the whistleblower, a harmed investor, provided critical information that enabled the SEC staff to recover assets that were later returned to victims.  The SEC awarded the whistleblower $45,000.