The first question is what is a CPO and why
should I care ? The Commodities and Futures Trading Commission decided to
tighten the exemptions from registration potentially pulling some hedge funds
and private equity funds that previously ignored the CFTC. Davis
Polk held a webinar on this topic ....
Resurging enforcement officials at the Commodity Futures
Trading Commission brought another significant enforcement action this week.
The settled proceeding was against JPMorgan Chase Bank, N.A. It arose out of
the unlawful handling of customer segregated funds belonging to Lehman Brothers
WASHINGTON, D.C. - (Mealey's) JPMorgan Chase
Bank NA on Wednesday agreed to pay $20 million to settle a U.S. Commodity
Futures Trading Commission (CFTC) suit alleging that it mishandled Lehman
Brothers Inc. customers' funds during Lehman's collapse ( In re:
JPMorgan Chase Bank NA , No...
On February 8, 2012, the
Commodity Futures Trading Commission ("CFTC" or
"Commission") issued final regulations that repeal the commodity pool
operator ("CPO") registration exemption widely used by the operators
of private funds offered only to highly sophisticated...
WASHINGTON, D.C. — (Mealey’s) Lloyds Banking Group plc has agreed to pay a total of $370 million to settle claims with U.S. and British agencies alleging that Lloyds violated various laws by manipulating the London Interbank Offered Rate (Libor), according a press release issued by the Department...