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Oct 21, 2024 | 
mondaq.com | Cheryl Isaac |Clifford C. Histed |Benjamin C. Skillin
On 2 October 2024, the Commodity Futures Trading Commission
(CFTC) announced multiple actions related to fraud in the voluntary
carbon credit (VCC) market, just over one year after establishing
the Environmental Fraud Task Force.
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Oct 17, 2024 | 
lexology.com | Clifford C. Histed |Cheryl Isaac |Benjamin C. Skillin
On 2 October 2024, the Commodity Futures Trading Commission (CFTC) announced multiple actions related to fraud in the voluntary carbon credit (VCC) market, just over one year after establishing the Environmental Fraud Task Force.
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Oct 8, 2024 | 
mondaq.com | Pablo Man |Benjamin C. Skillin
On 2 October 2024, the Securities and Exchange Commission (SEC)
announced settled charges against one of the
largest carbon credit project developers (the Developer), for
fraudulently altering data concerning its business and making
material misrepresentations in the offering of equity to
institutional investors in the United States.
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Oct 7, 2024 | 
natlawreview.com | Nathan Beaver |David Rosen |Pablo Man |Benjamin C. Skillin
Skip to main content October 07, 2024 Volume XIV, Number 281 Legal Analysis. Expertly Written. Quickly Found.
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Sep 26, 2024 | 
mondaq.com | Cheryl Isaac |Matthew Rogers |Benjamin C. Skillin
On 20 September 2024, the Commodity Futures Trading Commission
(CFTC) released final guidance regarding the listing of
voluntary carbon credit (VCC) derivative contracts on
CFTC-registered exchanges known as designated contract markets
(DCMs). VCCs are tradable, intangible instruments issued by a
carbon crediting program and generally represent the equivalent of
one metric ton of carbon dioxide avoided or removed from the
atmosphere.
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Sep 18, 2024 | 
mondaq.com | Matthew Rogers |Benjamin C. Skillin |Cheryl Isaac
On 12 September 2024, the Commodity Futures Trading Commission
(CFTC) published a Final Rule impacting registered commodity pool
operators (CPOs) and commodity trading advisors (CTAs) relying on
the regulatory relief provided under CFTC Regulation 4.7.
"Registration light," as Regulation 4.7 is sometimes
known, provides reduced disclosure, reporting and recordkeeping
obligations for CPOs and CTAs that limit sales activities to
"qualified eligible persons" (QEPs).
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Apr 24, 2024 | 
mondaq.com | Matthew Rogers |Benjamin C. Skillin
On 10 April 2024, the National Futures Association's (NFA)
Business Conduct Committee (BCC) issued an order against 50.ai
Investments LLC, a former NFA Member commodity pool operator and
forex firm. The order stipulates that 50.ai Investments may not
reapply for NFA membership or act as a principal of an NFA Member
at any time in the future due to violating a suite of NFA
compliance rules.
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Apr 18, 2024 | 
natlawreview.com | Jane Haviland |Abdie Santiago |Matthew Rogers |Benjamin C. Skillin
Cyber adversaries in China and Russia continue to be a formidable threat to U.S. based companies. In the past, scams might be detected because a word was misspelled or the context didn’t make sense. Now, with the help of young Western hackers, cyber adversaries in Russia will be able to use insider knowledge of language and behavioral customs to develop and deploy campaigns against U.S. companies.
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Apr 18, 2024 | 
natlawreview.com | Matthew Rogers |Benjamin C. Skillin |Cybersecurity Robinson Cole |Kathryn Rattigan
On April 15, 2024, the National Security Agency’s Artificial Intelligence Security Center published guidance on “Deploying AI Systems Securely,” together with CISA, the FBI, the Australian Cyber Security Centre, the Canadian Centre for Cyber Security, the New Zealand National Cyber Security Centre and the UK’s National Cyber Security Centre (a/k/a the Five Eyes).
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Mar 5, 2024 | 
mondaq.com | Matthew Rogers |Benjamin C. Skillin
On February 20, 2024, the CFTC approved a proposed rule that
would apply a margin adequacy requirement to all futures commission
merchants (FCMs), with respect to their customers. The new
requirement—titled Regulation 1.44—is designed to
ensure that an FCM does not permit a customer to withdraw funds
from its account if the remaining balance would be insufficient to
meet the customer's initial margin requirements.
