Gary Gensler and Ted Kaufman are not the kind of people big finance want to see in positions of influence.
The amazing thing is that such a provision was ever even considered, we suppose.
Sure, he’s been a government employee for three-and-a-half years, but that hasn’t stopped Robert Bowes from also being a day-trader.
That, of course, means another round of fines.
There won’t be consistency, but there will be a more consistent range of made-up numbers you have to put on a check.
Jay Clayton & co. have injected $64 million and counting into the economy.
And one of them is asking the CFTC to sort the whole damned mishegas out.
In fact, it’s almost certainly a scam, according to the CFTC. Who could imagine such a thing?
Of course, they’ll have a hell of a time proving it, but they just want to make themselves clear.
Especially if you’re gonna lose a few hundred million dollars. Which, by the way, if you had that risk manager…
It’s cheap, it’s (somewhat) effective and it makes everyone happy (except for the people going to jail).
Former Citadel lawyer leaving her job at Coinbase for senior markets oversight gig at CFTC...no, really.
Is your hedge fund’s critical proprietary data currently sitting on a machine running Windows 7?
Rock in peace, Bart Chilton.
This is what regulators call "A layup."
Four more commissioners would be great, too.
What the fuck is Bob Mercer even paying for?
BREAKING: The inevitable has occurred.
Turns out the bank's head trader on the Treasury futures desk had a creative approach to the job.
The big man likes the cut of Chris Giancarlo's jib.
When brazenly violating CFTC rules, it's best not to mention the CFTC explicitly.
The greater crime was that Citi's spoofers didn't even spoof all that well.
Jersey Jon ponies up $5M to just go away...probably.
Donald Trump has painted his masterpiece.