CFTC’s anti-corruption initiative

Part of the L&C webinar series

15 April 2021 • 10:00 AM - 11:00 AM ET

In March 2019, the CFTC’s then-Enforcement Director surprised many when he said that the CFTC would investigate and bring enforcement actions relating to foreign corrupt practices that impacted that swaps and futures markets.  Then, in late 2020, in a coordinated resolution with the Department of Justice, the CFTC brought its first such action, against the commodities trader Vitol, imposing penalties and disgorgement of $95.7 million.  In this webinar, we will discuss the basis for the CFTC’s anti-corruption efforts to police the integrity of the swaps and futures markets, its coordination with other agencies, and how companies can mitigate the risk of such corruption-related investigations and enforcement actions by maintaining a strong compliance program.

CFTC Anti-Corruption Speakers
Moderator: Michael Sorrell, Deputy General Counsel, FIA
Presenters: Jonathan Kolodner, Partner, Cleary Gottlieb
Colin Lloyd, Partner, Cleary Gottlieb
Lisa Vicens, Partner, Cleary Gottlieb

Thursday, 15 April 2021 | 10:00 a.m. – 11:00 a.m. EST

This webinar is intended for informational purposes only and is not intended to provide investment, tax, business, legal or professional advice. Neither FIA nor its members endorse, approve, recommend, or certify any information, opinion, product, or service referenced in this webinar.  FIA makes no representations, warranties, or guarantees as to the webinar’s content.