David C Aron

1 month ago | mondaq.com | Jayant W. Tambe |David C Aron |Rubina Ali |Michael Fischer

The Commodity Futures Trading Commission's("CFTC") new enforcement advisory introduces severalmajor changes in policy and a matrix helping those facing potentialor actual CFTC investigations quantify the extent to whichcooperation, self-reporting, and remediation can be expected toreduce penalties (a.k.a. "mitigation credit") that theCFTC staff would otherwise recommend to the commission in mostcases.