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Federal Court Orders BitMEX To Pay $100 Million For Illegally Operating A Cryptocurrency Trading Platform And Anti-Money Laundering Violations

Federal Court Orders BitMEX To Pay $100 Million For Illegally Operating A Cryptocurrency Trading Platform And Anti-Money Laundering Violations
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New-york , United-states , Hong-kong , Seychelles , Bermuda , Rostin-behnam , Robertt-howell , Vincent-mcgonagle , Carlin-metzger , Benjamin-delo , Arthur-hayes , Samuel-reed

Sell-Side Technology Awards 2021: All the Winners - WatersTechnology.com

Sell-Side Technology Awards 2021: All the Winners - WatersTechnology.com
waterstechnology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from waterstechnology.com Daily Mail and Mail on Sunday newspapers.

Linkedin , Artificial-intelligence-ai-technology , Side-mobile-initiative , Side-technology-provider , Side-trading-network , Office-platform , Side-firm , Alliance-or-partnership , Side-technology , Facebook , Platform-or-service-for-the-sell-side

AEGIS Hedging Appoints Andrew Furman as Chief Compliance Officer

AEGIS Hedging Appoints Andrew Furman as Chief Compliance Officer
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Houston , Texas , United-states , Dallas , Chicago , Illinois , Denver , Colorado , Bryan-sansbury , Andrew-furman , Business-conduct-committee , Hudson-capital-group

AEGIS Hedging Solutions Files SEF Application with CFTC


AEGIS Hedging Solutions Files SEF Application with CFTC
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AEGIS Hedging Solutions (“AEGIS”), a leading Commodity Trading Advisor (“CTA”) and fintech provider for commodity and rate markets, today announced that it has filed an application with the Commodity Futures Trading Commission ("CFTC") to become a Swap Execution Facility ("SEF") under the CFTC's rules issued pursuant to the Dodd-Frank Act. Filing is among the first-ever by a Commodity Trading Advisor
“Being among the first CTAs to file a SEF application is consistent with our leadership position in the industry,” said Bryan Sansbury, CEO of AEGIS.
THE WOODLANDS, Texas (PRWEB)
March 03, 2021

Houston , Texas , United-states , Dallas , Chicago , Illinois , Washington , Denver , Colorado , Justin-mccrann , Bryan-sansbury , Haynes-boone

CFTC Virtual Currency Enforcement Action Trends 2015–Q2 2020


Monday, December 21, 2020
Executive Summary
As one of the regulators engaged in the cryptocurrency space, the U.S. Commodity Futures Trading Commission (CFTC) has been bringing enforcement actions against virtual currency market participants, including traders, issuers, exchanges, and service providers. From January 1, 2015, to June 30, 2020, the CFTC brought 19 such actions.
Of the 19 actions between 2015 and Q2 2020, 14 were litigated in U.S. district courts. The other five were resolved within the CFTC as orders and simultaneous settlements.
The majority of actions involved an allegedly fraudulent scheme, with 14 out of the 19 involving allegedly misleading investors in the trading of commodities.
Eight of the 19 actions involved alleged failure to register with the CFTC, while four of the actions involved allegedly illegal off-exchange commodity transactions.

New-york , United-states , Nevada , District-of-columbia , United-kingdom , Texas , Massachusetts , Colorado , Florida , America , Naomi-reice-buchwald , Michael-kruger

CFTC Regulatory Approach to Virtual Currencies


Monday, December 21, 2020
Virtual Currencies as Commodities
In recent years, the U.S. Commodity Futures Trading Commission (CFTC or the Commission) has taken a role as one of the regulators of cryptocurrency in the United States. In this article, we review the CFTC’s regulatory and enforcement approach in this space.
In December 2014, the CFTC stated that virtual currencies are encompassed under the definition of a “commodity” in the Commodity Exchange Act (CEA), and thus subject to its jurisdiction.
[1] Nine months later, in September 2015, the CFTC brought its first enforcement action against an unregistered Bitcoin option trading platform.
[2] With its first action, the CFTC declared that “Bitcoin and other virtual currencies are encompassed in the definition and properly defined as commodities.”

New-york , United-states , Massachusetts , White-house , District-of-columbia , America , Stephanie-avakian , Bitcoin-ponzi , Nicholas-gelfman , Philip-rosenstein , Sara-hanks , Heath-tarbert