Page 55 - 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

Swaps Reporting and Swap Dealer Business Conduct

 The CFTC found a provisionally registered swaps dealer (SD)

committed swaps reporting failures; failed to comply with SD Business

Conduct Standards when it failed to disclose to its swaps counterparties

certain material information; and committed a failure-to-supervise violation.

 The CFTC found a provisionally registered SD committed swaps

reporting violations; adjusted daily mark disclosures being made to the

relevant swap counterparties, contrary to the requirements of the CEA and

CFTC regulations; and committed a failure-to-supervise violation.

Other Enforcement Actions: Fraud, Registration, Reporting, Wash Trading,

Position Limit Violations

 The CFTC charged a hedge fund and its CFO with engaging in a
scheme to provide false or misleading material information and failing to

provide such material information to swap counterparties of a private fund it

managed, resulting in the swap counterparties collectively losing over $10

billion.

 In a sweep, the CFTC filed five enforcement actions charging five

entities with operating as unregistered FCMs. The CFTC alleges that all the

respondents claim to be one of the leading platforms offering binary options,

forex and spreads and further claim to be regulated by the CFTC.

 The CFTC alleged defendants defrauded at least 14,0000 retail forex

customers worldwide and misappropriated at least $4.7 million of customer

funds.

 The CFTC found that a state-owned entity and its affiliate engaged
in violations involving ICE Cotton No. 2 futures, including wash trading

violations, position limit violations, and reporting failures.

Litigation Victories

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