In this webinar, special guest James McDonald, Director of the CFTC Division of Enforcement joined FIA for a virtual fireside chat. On May 20, the Division of Enforcement issued updated guidance – the first since 1994 - outlining factors it will consider in recommending civil monetary penalties (CMPs) in CFTC enforcement actions. During this special fireside chat, Allison and James discussed the changes in the updated civil monetary penalty guidance, why these updates were a priority for the Commission, and explore how it may impact market participants.
James McDonald's remarks can be found here
- Law & Compliance