Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank Energy

2014 CFTC Enforcement Report – Another Year of Record Sanctions

Yellow Penalty Flag

Broker-Dealer, Energy On November 6, 2014, the Commodity Futures Trading Commission (CFTC) released its 2014 fiscal year Enforcement Report.  In 2014, the CFTC continued its aggressive enforcement of the commodities market, in comparison to prior years.  The CFTC recorded another record year of sanctions — $3.27 billion – against companies and individuals.  Over the previous two years, […] Read more →

by   |   December 30, 2014

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Illegal “Wash Sales” in Futures Contracts Result in $35 Million Fine

Banking, Derivatives, Energy On December 18, the U.S. District Court for the Southern District of New York entered a Consent Order against a foreign bank (the “Bank”), imposing a civil monetary penalty of... Read more →

by   |   December 22, 2014

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CFTC Proposes Important Clarification on Forward Contracts with Embedded Volumetric Optionality

Derivatives, Energy The CFTC has published an important proposed clarification to its seven element test regarding forward contracts with embedded volumetric optionality (EVO). The proposed... Read more →

by   |   November 22, 2014

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Spoofing Back in the News — First Criminal Indictment for Spoofing; CFTC Settlement Lays Out Telltale Signs of Spoofing

Broker-Dealer, Energy Last week the government handed down its first criminal indictment for allegedly engaging in “spoofing” and the Commodity Futures Trading Commission settled with Eric Moncada... Read more →

by   |   October 13, 2014