Daylight savings starts this Sunday. Get ready to spring forward. I once lost an hour to daylight savings time. I’d like it back with interest. Anyways, we’ve got a fun one this month. I share my adventures in the prediction markets, we give an update on enforcement and the Heraeus precious metals matter, and highlight the CFTC’s confirmation that Legacy Swaps combining with current swaps in a portfolio as a result of an operation of law from a merger do not lose their Legacy Swap status.
Enforcement Round-Up
New CFTC Director of Enforcement?
According to early press reports, and confirmed by a recent announcement on March 2,CFTC Chairman Michael Selig has selected David I. Miller to join the agency as its next Director of Enforcement. Miller is a partner at Greenberg Traurig LLP. Prior to his most recent time in private practice, he served as a federal prosecutor with the U.S. Department of Justice, including roles in the Southern District of New York, the Eastern District of