CFTC clamps down on insider trading in derivatives
Bank traders who leak information about derivatives trades to hedge funds could face charges, CFTC officials say
When Arya Motazedi, an energy trader based in Miami, Florida, settled insider-trading charges with the US Commodity Futures Trading Commission (CFTC) on December 2, 2015, it marked the first successful prosecution of the crime in the agency's 41-year history – and the first time such charges had been filed under CFTC Rule 180.1, which implements the anti-manipulation authority granted to the commission by the Dodd-Frank Act. It could be the first of many.
Asked whether the CFTC will bring more
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