CFTC Issues Proposed Rule to Modify Swap Clearing Requirement to Address Transition from LIBOR and Other Interbank Offered Rates to Alternative Reference Rates Other enforcement

CFTC release 8523-22 · 2022-05-09 · view on cftc.gov ↗

Key facts

Release number: 8523-22
Release date: 2022-05-09
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8523-22

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.