Page 54 - 期货和衍生品行业监管动态（2022年10月）

期货和衍生品行业监管动态

 The CFTC found a registered DCM failed to obtain required written
acknowledgment letters from a depository stating the depository was

informed that funds deposited are customer funds being held in accordance

with the Commodity Exchange Act (CEA) and restrict the use of such funds,

among other things.

 The CFTC found a registered SEF failed to comply with the CFTC

15-second delay requirement for certain required transactions on a SEF order

book.

Misappropriation of Material Non-Public Information

 The CFTC charged an employee with misappropriating confidential

natural gas block trade order information from his employer and directing
natural gas block trades to a brokerage firm in exchange for a share of the

brokerage commissions charged to his employer for these trades. The
complaint also charged the employee with making false statements to the

CFTC.

 The CFTC charged an introducing broker (IB) and associated person

(AP) with misappropriation of block order information and unauthorized

trading. The CFTC alleged the IB brokered trades without customers'

knowledge or consent; while the AP traded on the opposite side of brokerage

customers, intentionally offered non-true market prices, and misled

customers to believe they were negotiating and trading against third parties.

 The CFTC charged defendants for receiving tipped confidential

block trade order information belonging to an energy company from a trader

at that company, and in turn trading on the basis of this information,
including entering into non-arm’s length, fictitious block trades in natural gas

futures on the basis of this information. The CFTC alleged the scheme
generated over $1.5 million in trading profits, which the defendant shared

with both the energy company trader and the broker involved in the scheme.

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