CFTC’s enforcement resolution sprint has no expiration date
But firms that offered settlements in first two weeks will be prioritised for 30-day turnaround
A fast-track process to settle outstanding enforcement cases at the US Commodity Futures Trading Commission is not time-limited, the regulator has clarified, but priority will be given to firms that responded in the first two weeks after it was announced.
The plan was highlighted by acting CFTC chair Caroline Pham at a Futures Industry Association conference in Florida on March 11. Pham said firms with unresolved enforcement actions should propose a reasonable settlement and an update on their
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