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

CFTC release 8737-23 · 2023-06-29 · view on cftc.gov ↗

Key facts

Release number: 8737-23
Release date: 2023-06-29
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8737-23

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.