CFTC-PR-8949-24 (Aug. 23, 2024) CFTC Staff Issues No-Action Letter for EU-Based and UK-Based DCOs Regarding Certain Requirements Applicable to DCOs Washington, D.C. — The Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) today issued a no-action letter to address the applicability of certain CFTC regulations to registered derivatives clearing organizations (DCOs) based in either […]
Category: Federal News Sources
Federal News Sources
We aggregate news from federal regulatory authorities rather than politically-biased media outlets to ensure the information is accurate, impartial, and based on official data. Federal agencies provide direct updates on regulations, policies, and enforcement actions derived from their statutory responsibilities, offering a reliable and objective perspective. Politically-biased media outlets, by contrast, may present news through a lens shaped by political or ideological biases, potentially distorting facts or emphasizing certain viewpoints to align with their agendas. Focusing on regulatory authorities helps maintain the integrity of the information, supporting informed decision-making with verifiable and neutral sources.
CFTC-PR-8948-24 (Aug. 21, 2024) CFTC Files Actions to Revoke Registrations of Introducing Broker, Commodity Pool Operator, and Associated Person for Violating CEA Antifraud Provisions Washington, D.C. — The Commodity Futures Trading Commission today announced it commenced actions to revoke the registrations of Purvesh Mankad, and his affiliated entities CTAX Partners, LLC and CTAX Series, LLC. Date: Aug. 21, 2024 Accessed: […]
CFPB-PR-240821-1 (Aug. 21, 2024) CFPB Takes Action Against Fay Servicing for Illegal Foreclosure Actions and Violating Law Enforcement Order – Order requires the mortgage servicer to pay $5 million in redress and penalties, and sets compensation limits on CEO Edward Fay WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today ordered Fay Servicing to pay a $2 […]
CFTC-PR-8947-24 (Aug. 20, 2024) CFTC Orders Unregistered Pool Operator and its Managing Member to Pay More than $520,000 for Fraud Violations Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Get Money Tradez LLC (GMT), and its managing member, Jeffrey Carmon, Jr. a/k/a Jeffery Carmon, Jr. (Carmon), both based in the […]
CFTC-PR-8946-24 (Aug. 19, 2024) CFTC Orders Brazilian and Swiss Sugar Companies to Pay $750,000 for Wash Sales Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against respondents Raizen Energia SA, a Brazilian energy company and sugar merchant, and Raizen Trading SA, a Swiss sugar merchant, for engaging in wash sales […]
CFPB-PR-240818-1 (Aug. 18, 2024) Consumer Resources – Wherever you are on your financial journey, you can prepare yourself to make informed financial decisions with these resources. Date Accessed: Aug.18, 2024 Source URL: https://www.consumerfinance.gov/consumer-tools/ Categories: CFPB CFPB-24 CFPB-2408 Consumer Education PDF Notes: The PDF viewer below disables the links inside the PDF file. The PDF file […]
CFTC-PR-8945-24 (Aug. 14, 2024) CFTC Orders Truist Bank to Pay $3 Million Penalty and Remediate Recordkeeping and Supervision Failures Relating to Widespread Use of Unapproved Communications Methods. Truist Receives Substantially Reduced Penalty for Self-Reporting to the Division of Enforcement Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against […]
CFTC-PR-8942-24 (Aug. 14, 2024) CFTC Orders Multinational Commodities Trading Firm to Pay $500,000 Penalty for Federal Position Limit Violations. The Matter Represents First Ever Cross-Exchange Violation Charge Washington, D.C. — The Commodity Futures Trading Commission today issued an order filing and settling charges against Vitol, Inc., based in Houston, Texas, and its affiliate, Vitol SA, headquartered in Geneva, […]
CFTC-PR-8943-24 (Aug. 14, 2024) CFTC Orders TD Bank and Cowen to Pay Civil Monetary Penalties for Recordkeeping and Supervision Failures for Firm-Wide Use of Unapproved Communication Methods Washington, D.C. — The Commodity Futures Trading Commission today issued two orders simultaneously filing and settling charges against The Toronto Dominion Bank (TD Bank), a swap dealer, and against Cowen and Company (Cowen), […]
CFTC-PR-8944-24 (Aug. 14, 2024) CFTC Orders TD Bank to Pay $4 Million for Supervision Failures Impacting its Electronic Communications Surveillance System Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against The Toronto Dominion Bank (TD Bank), a registered swap dealer, for failing to diligently supervise activities related to its […]