CFTC’s Doge-inspired drive to enforcement may fall short
Lawyers doubt guidance on rewards for self-reporting goes far enough
Commodity Futures Trading Commission (CFTC) attempts to encourage market participants to come forward with possible regulatory violations will not lead to a greater influx of self-reporting, say lawyers.
“I frankly think that there will be no change at all,” says Peter Malyshev, a partner at Cadwalader, Wickersham & Taft.
On February 25, the CFTC published an advisory laying out the amount of credit it will give to firms for co-operating with it over possible infringements of its laws. The US
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