United States: Commodities/Derivatives/Stock Exchanges

The Commodity Futures Trading Commission (CFTC or Commission) recently undertook a series of coordinated actions—including a Commission order, policy statement, staff interpretation and staff advisory...

The CFTC's Division of Enforcement has issued a new advisory establishing a clearer path to declinations for companies that self-report violations, while Chairman Selig signals unprecedented coordination with the SEC, FINRA, and NFA. Meanwhile, the agency continues aggressive enforcement actions in prediction markets, including a preemption lawsuit against Minnesota's sweeping ban and insider trading charges against a Google employee.

The Commodity Futures Trading Commission's Division of Enforcement has issued a new cooperation policy that fundamentally restructures how registrants can benefit from self-reporting misconduct. The 2026 framework introduces a formal declination pathway and makes victim restitution a prerequisite for cooperation credit, marking a significant departure from the previous tiered penalty discount system. How will these changes affect registrants' decisions to voluntarily disclose violations and cooperate with e

Peanuts, pimento cheese and prediction markets; are we sports gambling lawyers now? No, it’s not an April Fool’s joke, but instead a topic that continues to dominate our news feeds...

On May 19, 2026, the Commodity Futures Trading Commission’s (CFTC) Division of Enforcement (Division) issued a staff advisory outlining a new approach to evaluating cooperation, self-reporting and remediation in enforcement matters.

As we previously reported here in Cabinet News & Views, the Federal Reserve, the OCC, and the FDIC reproposed the Basel III Endgame package of amendments to the U.S. risk-based capital rules (“The Reproposal").

On May 1, the CFPB finalized a substantially revised Section 1071 rule, which implements the small business lending data collection and reporting requirements under the Equal Credit Opportunity Act (ECOA)...

Two major developments signal heightened legal scrutiny of prediction markets: the first U.S. insider trading arrest involving classified military information used for Polymarket bets, and the Senate's unanimous vote to ban itself from prediction market trading. These cases establish that insider trading laws fully apply to prediction markets, creating immediate compliance obligations for any organization whose employees hold nonpublic information related to tradeable events.

Just when the conventional wisdom seemed to be that the CFPB was no longer going to assert that it could not request funding from the Federal Reserve because of combined losses at the Federal Reserve Banks...