CFTC Staff Issues No-Action Letter Regarding Certain Reporting Requirements for Swaps Transitioning from Certain LIBORs to Risk-Free Rates Other enforcement

CFTC release 8475-21 · 2021-12-22 · view on cftc.gov ↗

Key facts

Release number: 8475-21
Release date: 2021-12-22
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8475-21

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.