CFTC

Lykke Launches COVID-19 Project to Fund Global Supply Chain Solutions and Announces Chris Giancarlo as Strategic Advisor for The Open Initiative

Retrieved on: 
Mardi, mai 19, 2020
Technology, Professional services, Other Technology, Finance, Bitcoin, Cryptocurrencies, Computing, Commodity Futures Trading Commission, Blockchain, CFTC, Information, Lykke, Data

To help advance The Open Initiative, Lykke is pleased to announce J. Christopher (Chris) Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), will serve as strategic advisor.

Key Points: 
  • To help advance The Open Initiative, Lykke is pleased to announce J. Christopher (Chris) Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), will serve as strategic advisor.
  • The Open Initiative is accepting proposals for four categories:
    Digital Vouchers Platform: Digitizing government initiatives for SMEs, the labor force, and more.
  • Supply Chain Platform: Leveraging the efficiency of financial market mechanisms to solve supply chain problems.
  • Lykke Corp, incorporated in Switzerland, issues its shares in the form of Lykke Coins on the Blockchain .

Numerati® Partners LLC's Dr. David K.A. Mordecai Presented at the CFTC's Second Annual Fintech Forward Conference

Retrieved on: 
Lundi, janvier 13, 2020
Financial regulation, Regulatory technology, Commodity Futures Trading Commission, Financial markets, Finance, Money, Financial technology, CFTC

WASHINGTON, Jan. 13, 2020 /PRNewswire/ -- NumeratiPartners LLC, a technology curation and enablement firm announced that Dr. David K.A.

Key Points: 
  • WASHINGTON, Jan. 13, 2020 /PRNewswire/ -- NumeratiPartners LLC, a technology curation and enablement firm announced that Dr. David K.A.
  • Mordecai presented at the U.S. Commodity Futures Trading Commission's (CFTC) Second Annual Fintech Forward Conference on October 24, 2019 in Washington, D.C.
  • Dr. Mordecai closed his remarks discussing some suitable alternative roles for government regulators in AI framework regulation.
  • Numerati Partners curates integratedRiskTechsolutions as well as forensic and use-case applications in RiskTech sub-domains such as LitTech, RegTech, FinTech and InsurTech (litigation technology, regulation technology, financial technology and insurance technology).

TokenSoft hires former SEC and CFTC regulator as Chief Legal Officer

Retrieved on: 
Mardi, décembre 17, 2019
Commodity Futures Trading Commission, Finance, Dodd–Frank Wall Street Reform and Consumer Protection Act, Economy, Money, Derivative, CFTC

SAN FRANCISCO, Dec. 17, 2019 /PRNewswire/ -- TokenSoft, the leading platform for financial institutions issuing securities on blockchains, recently hired Alex C. Levine as Chief Legal Officer of TokenSoft and President of DTAC, TokenSoft's recently approved affiliate transfer agent.

Key Points: 
  • SAN FRANCISCO, Dec. 17, 2019 /PRNewswire/ -- TokenSoft, the leading platform for financial institutions issuing securities on blockchains, recently hired Alex C. Levine as Chief Legal Officer of TokenSoft and President of DTAC, TokenSoft's recently approved affiliate transfer agent.
  • "Recruiting Alex to our team was an important step for TokenSoft to ensure our customers receive best in class compliance tooling for security token issuances," said Mason Borda, CEO of TokenSoft.
  • Alex has spent more than 17 years as an attorney and legal executive focused on the practice of regulatory, securities, and derivatives law.
  • U.S. Commodity Futures Trading Commission (CFTC) where he was a part of rulemaking efforts under the Dodd-Frank Act.

OCC Congratulates Robert Litterman on Appointment as Chair of CFTC Climate-Related Market Risk Subcommittee

Retrieved on: 
Jeudi, novembre 14, 2019
Banking, Professional services, Finance, Financial markets, Finance, Money, Commodity Futures Trading Commission, Derivative, Futures contract, CFTC, Systemic risk, Options Clearing Corporation, Commodity Futures Modernization Act

On behalf of our Board of Directors and OCC colleagues, we congratulate Bob Litterman on his appointment as chairman of the CFTCs Climate-Related Market Risk Subcommittee, and we commend the CFTC for recognizing Bobs thought leadership on the issue of climate risk.

Key Points: 
  • On behalf of our Board of Directors and OCC colleagues, we congratulate Bob Litterman on his appointment as chairman of the CFTCs Climate-Related Market Risk Subcommittee, and we commend the CFTC for recognizing Bobs thought leadership on the issue of climate risk.
  • We are confident that his leadership will play an important role on this issue, and we look forward to the work of the committee.
  • OCC is the worlds largest equity derivatives clearing organization and the foundation for secure markets.
  • Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization.

James Slazas from DARMA Capital Joins the ST Foundation

Retrieved on: 
Mardi, octobre 15, 2019
Professional services, Technology, Other Professional Services, Other Technology, Finance, Networks, Commodity markets, Economy, Finance, Financial markets, Commodity pool operator, Commodity pool, Commodity trading advisor, Commodity Futures Trading Commission, Darma, CFTC, Ethereum, Commodity broker

James Slazas from DARMA Capital joined the ST Foundation as an advisor from October 14th, 2019.

Key Points: 
  • James Slazas from DARMA Capital joined the ST Foundation as an advisor from October 14th, 2019.
  • James Slazas has served as a CFO, a blockchain accelerator in an Ethereum-based infrastructure developing company.
  • Currently, he runs DARMA Capital, which manages more than 100 million dollars in digital assets since 2019.
  • DARMA Capital is also an investment fund registered at CFTC as a commodity pool operator (CPO) and commodity trading advisor (CTA).

Global Commodity Technology Association (GCTA) Launched to Support Physical Commodity Sector’s Modernization Efforts

Retrieved on: 
Mardi, octobre 1, 2019
Economy, Financial markets, Finance, Commodity markets, Commodity Futures Trading Commission, Futures contract, CFTC, Commodity

Denver, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Motivated by a desire to evaluate and accelerate digitization opportunities in the global agricultural commodity industry, the Global Commodity Technology Association (GCTA) has launched and named financial services industry veteran David Lehman as its Managing Director.

Key Points: 
  • Denver, Oct. 01, 2019 (GLOBE NEWSWIRE) -- Motivated by a desire to evaluate and accelerate digitization opportunities in the global agricultural commodity industry, the Global Commodity Technology Association (GCTA) has launched and named financial services industry veteran David Lehman as its Managing Director.
  • Mr. Lehman commented: Commodity trading remains a manual industry that is nearly completely reliant on paper processes for contracting, invoicing and payments.
  • He began his career at the Commodity Futures Trading Commission (CFTC), where he helped develop the agencys automated large trader surveillance system.
  • Membership in the GCTA is now open to participants in the global commodities supply chain involved in ocean-bound agricultural trade.

Coinbase Vice President Dorothy DeWitt appointed to the U.S. Commodity Futures Trading Commission

Retrieved on: 
Mardi, septembre 17, 2019
Cryptocurrencies, Digital currencies, Coinbase, Commodity Futures Trading Commission, Financial technology, CFTC, Finance

SAN FRANCISCO, Sept. 17, 2019 /PRNewswire/ --Coinbase Vice President Dorothy DeWitt has been named Director of the Division of Market Oversight at the U.S. Commodity Futures Trading Commission ("CFTC").

Key Points: 
  • SAN FRANCISCO, Sept. 17, 2019 /PRNewswire/ --Coinbase Vice President Dorothy DeWitt has been named Director of the Division of Market Oversight at the U.S. Commodity Futures Trading Commission ("CFTC").
  • DeWitt, who leads the Business Lines & Markets division of Coinbase's legal department, has worked at Coinbase since 2018.
  • "Dorothy DeWitt has emerged as a national leader in the important debates about the appropriate regulatory structure for cryptocurrency markets.
  • Coinbase was founded in 2012 with a mission to create an open financial system for the world.

OCC Statement on SEC and CFTC Settlement

Retrieved on: 
Mercredi, septembre 4, 2019
Banking, Professional services, Finance, Financial markets, Finance, Economy, Commodity markets, Commodity Futures Trading Commission, CFTC, Futures contract, Derivative, Options Clearing Corporation, Commodity Futures Modernization Act

OCC, the world's largest equity derivatives clearing organization, released the below statement in response to a settlement reached with the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) regarding allegations that OCC failed to comply with certain SEC and CFTC regulations.

Key Points: 
  • OCC, the world's largest equity derivatives clearing organization, released the below statement in response to a settlement reached with the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) regarding allegations that OCC failed to comply with certain SEC and CFTC regulations.
  • The SEC and CFTC both considered OCCs cooperation and remediation efforts in reaching their settlement with the company.
  • The CFTC specifically noted that OCC developed remediation plans to bring OCC into compliance with [clearing agency] Core Principles and Regulations.
  • Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization.

Seed CX’s Swap Execution Facility Subsidiary, Seed SEF, Begins Testing of Physically Settled Bitcoin Swaps

Retrieved on: 
Mardi, août 13, 2019
Financial markets, Swap Execution Facility, Finance, Money, Commodity Futures Trading Commission, SEF, CFTC, Derivative, Futures contract, Swap, Commodity markets, Trade Repository

Seed SEF has opened its UAT environment to customers to begin trading on Seed SEFs matching platform.

Key Points: 
  • Seed SEF has opened its UAT environment to customers to begin trading on Seed SEFs matching platform.
  • Were very excited to have begun user testing of our physically-settled Bitcoin derivative product, said Brian Liston, Seed CX co-founder and President.
  • Seed SEF has been licensed as a Swap Execution Facility by the Commodity Futures Trading Commission since 2016.
  • Seed SEF is a CFTC-regulated Swap Execution Facility (SEF) that plans to offer a market for CFTC-regulated digital asset derivatives.

Hagens Berman Whistleblower Client to Receive CFTC Whistleblower Award of Roughly $2.5 Million

Retrieved on: 
Mardi, juin 25, 2019
Legal, Professional services, Civil rights and liberties, Commodity Futures Trading Commission, Whistleblower, CFTC, Human rights

A commodities whistleblower represented by Hagens Berman provided information to the Commodities and Futures Trading Commission (CFTC) about unlawful behavior by Cargill Inc. that culminated today in a final whistleblower award of roughly $2.5 million for the information and ongoing assistance provided by the whistleblower to the CFTC.

Key Points: 
  • A commodities whistleblower represented by Hagens Berman provided information to the Commodities and Futures Trading Commission (CFTC) about unlawful behavior by Cargill Inc. that culminated today in a final whistleblower award of roughly $2.5 million for the information and ongoing assistance provided by the whistleblower to the CFTC.
  • Our client stood on principle, and is appreciative of the exhaustive work done by the CFTC.
  • We are pleased to have maximized our clients whistleblower claim and to have protected the whistleblowers anonymity and best interests .
  • In its press release issued today, the CFTC stated that Hagens Bermans whistleblower client assisted the CFTC at every step of the investigation and stressed the importance of reporting fraud under the CFTCs whistleblower program .