Tag: CFTC

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CFTC Told to Produce Exculpatory Material in My Forex Funds Case

CFTC Told to Produce Exculpatory Material in My Forex Funds Case

The special master overseeing the CFTC’s fraud case against Traders Global Group Inc. and its CEO, Murtuza Kazmi, has ordered the agency to produce ex [...]
CFTC Told to Produce Exculpatory Material in My Forex Funds Case

CFTC Told to Produce Exculpatory Material in My Forex Funds Case

The special master overseeing the CFTC’s fraud case against Traders Global Group Inc. and its CEO, Murtuza Kazmi, has ordered the agency to produce ex [...]
CFTC Told to Produce Exculpatory Material in My Forex Funds Case

CFTC Told to Produce Exculpatory Material in My Forex Funds Case

The special master overseeing the CFTC’s fraud case against Traders Global Group Inc. and its CEO, Murtuza Kazmi, has ordered the agency to produce ex [...]
Court dashes EminiFX owner’s attempt to dismiss CFTC case

Court dashes EminiFX owner’s attempt to dismiss CFTC case

Eddy Alexandre, owner and operator of EminiFX, has failed to secure dismissal of the CFTC case against him and his firm. The relevant orde [...]
As U.S. Commodities Regulator CFTC Urges Fast Crypto Action, Senators Still Scrambling

As U.S. Commodities Regulator CFTC Urges Fast Crypto Action, Senators Still Scrambling

"I believe the single most important thing I have done, and continue to do, is advocate to this body to fill the regulatory gap," Behnam told the sena [...]
CFTC secures Court order against Sam Ikkurty, Jafia, Ikkurty Capital in Ponzi scheme case

CFTC secures Court order against Sam Ikkurty, Jafia, Ikkurty Capital in Ponzi scheme case

The Commodity Futures Trading Commission (CFTC) today announced Judge Mary Rowland of the Illinois Northern District Court entered an orde [...]
CFTC secures $13M Court order against K.E.L. Enterprises, Dwight Foster for FX fraud

CFTC secures $13M Court order against K.E.L. Enterprises, Dwight Foster for FX fraud

The Commodity Futures Trading Commission (CFTC) today announced Judge Sean F. Cox of the U.S. District Court for the Eastern District of M [...]
Why It Matters Whether the CFTC Versus the SEC Regulates Crypto

Why It Matters Whether the CFTC Versus the SEC Regulates Crypto

Why It Matters Whether the CFTC Versus the SEC Regulates Crypto www.coindesk.com [...]
The Unintended Consequences of FIT21’s Crypto Market Structure Bill

The Unintended Consequences of FIT21’s Crypto Market Structure Bill

The bill's proposed bifurcated market for restricted and unrestricted digital assets ignores fungibility as a fundamental characteristic of crypto tok [...]
U.S. House Set to Vote for First Standalone Crypto Market Structure Bill

U.S. House Set to Vote for First Standalone Crypto Market Structure Bill

"The industry has superficially recovered this year, in part due to controversial approval of spot BTC ETPs by the Securities Exchange Commission," th [...]
Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill

Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill

"As Democrats, we feel this is a crucial opportunity to regulate the digital asset markets," the eight lawmakers wrote in the internal memo Tuesday as [...]
CFTC Commissioner Summer Mersinger on Overzealous Crypto Regulation and the Need for Legislative Action

CFTC Commissioner Summer Mersinger on Overzealous Crypto Regulation and the Need for Legislative Action

The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions. www.coindesk.com [...]
Democrat House Leadership Says Crypto Bill Vote Won't Be Whipped

Democrat House Leadership Says Crypto Bill Vote Won't Be Whipped

Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote www.co [...]
FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

However, after the CFTC filed suit against Binance its former CEO, Changpeng “CZ” Zhao for similar offenses in March 2023, FalconX voluntarily “change [...]
U.S. CFTC Proposes Ban on Political Event Contracts

U.S. CFTC Proposes Ban on Political Event Contracts

Prediction platforms including PredictIt, Polymarket, Zeitgeist and Kalshi give users opportunities to buy contracts on the outcomes of actual events, [...]
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