Tagged: commodity futures and trading commission

CBDC: Former CFTC Chairman Christopher Giancarlo Says US Fed Must Issue a Digital Currency

Christopher Giancarlo, former chairman at the US Commodity Futures Trading Commission (CFTC), recently stated that it may be time for the US Federal Reserve to introduce a digital currency. Giancarlo, whose comments came during Yahoo Finance’s On the Move show on February 21, said that… Read More

CFTC Launches Enforcement Action Against Company Relating to Binary Options on Forex and Cryptocurrency Pairs

The U.S. Commodity Futures Trading Commission has filed a civil enforcement action against David Gilbert Saffron and Circle Society Corporation, based in Nevada. The CFTC alleges fraudulent solicitation, misappropriation, and registration violations relating to an $11 million binary options scheme Saffron operated through Circle Society…. Read More

Report: CFTC Investigating BitMEX, Crypto Trading Platform Allowing 100x Leveraged Trades

The US Commodity Futures and Trade Commission (CFTC) is engaged in a “months-long” investigation of BitMEX, a cryptocurrency exchange that made its mark by enabling retail investors to conduct 100x leveraged trades of bitcoins, Bloomberg reports. According to “people familiar with the matter,” the CFTC… Read More

Dr. Heath P. Tarbert Takes Over at CFTC as Chair

Dr. Heath P. Tarbert was sworn in today as the 14th Chairman of the Commodity Futures Trading Commission (CFTC) replacing J. Christopher Giancarlo. Tarbert was nominated by President Trump for a term expiring on April 13, 2024. Tarbert picks up the baton from Giancarlo, a… Read More

CFTC Chair Giancarlo Budget Request References Oversight of Virtual Currencies & Fintech

U.S. Commodity Futures Trading Commission (CFTC) Chair J. Christopher Giancarlo testified before a Senate subcommittee today to review the Fiscal Year 2019 funding requests and budget justifications for the CFTC, alongside U.S. Securities and Exchange Commission Chair Jay Clayton. Giancarlo requested a “modest increase” in… Read More

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