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ARTICLE · 14 JANUARY 2017

U.S. CFTC Enforcement: Key Compliance Takeaways From 2016

Reed Smith
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In 2016, the U.S. Commodity Futures Trading Commission brought several significant enforcement actions involving computerized robo-advisors, recordkeeping and reporting requirements, insider trading, spoofing, market manipulation, and employee liability. Many of these cases included novel theories and new interpretations of existing laws and regulations.

United StatesFinance and Banking
Jennifer Achilles
Jennifer Achilles
Peter Malyshev
Peter Malyshev
Jill Ottenberg
Jill Ottenberg
Michael Selig
Michael Selig
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In 2016, the U.S. Commodity Futures Trading Commission brought several significant enforcement actions involving computerized robo-advisors, recordkeeping and reporting requirements, insider trading, spoofing, market manipulation, and employee liability. Many of these cases included novel theories and new interpretations of existing laws and regulations. This client briefing looks back on the Commission's 2016 enforcement agenda and highlights key compliance takeaways for market participants going into the new year. In light of these trends, it is important that market participants review their compliance programs and understand the facts and circumstances that the Commission may consider in assessing penalties.

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