Jason Daniel

Dec 11, 2024 | jdsupra.com | Jason Daniel

On December 5, 2024, the Staff of every market-facing division of the U.S. Commodity Futures Trading Commission (CFTC) issued a joint “Staff Advisory” on the use of artificial intelligence in CFTC-regulated markets and activities. This Staff Advisory is the first notable item of AI-related outreach or guidance since the CFTC Staff of several of these divisions issued a “Request for Comment on the Use of Artificial Intelligence in CFTC-Regulated Markets”1 on January 25, 2024.

Sep 16, 2024 | mondaq.com | Brian Daly |Jason Daniel |Barbara Niederkofler |Jan-Paul Bruynes

On September 12, 2024, the Commodity Futures Trading Commission (CFTC) finalized the first major changes to CFTC Regulation 4.7 (Rule 4.7) in over 30 years. Among other technical revisions, the amendments to Rule 4.7, generally double the monetary thresholds for certain investors, including natural persons, to be "Qualified Eligible Persons" (QEPs) under Rule 4.7 and allow commodity pool operators (CPOs) of funds of funds additional time to provide periodic account statements.

Sep 13, 2024 | akingump.com | Jan-Paul Bruynes |Brian Daly |Jason Daniel |Barbara Niederkofler

On September 12, 2024, the Commodity Futures Trading Commission (CFTC) finalized the first major changes to CFTC Regulation 4.7 (Rule 4.7) in over 30 years. Among other technical revisions, the amendments to Rule 4.7, generally double the monetary thresholds for certain investors, including natural persons, to be “Qualified Eligible Persons” (QEPs) under Rule 4.7 and allow commodity pool operators (CPOs) of funds of funds additional time to provide periodic account statements.

Jul 22, 2024 | mondaq.com | Jason Daniel |Brian Daly

AG Akin Gump Strauss Hauer & Feld LLP More Akin is a law firm focused on providing extraordinary client service, a rewarding environment for our diverse workforce and exceptional legal representation irrespective of ability to pay. The deep transactional, litigation, regulatory and policy experience we bring to client engagements helps us craft innovative, effective solutions and strategies.

May 23, 2024 | mondaq.com | Jason Daniel |Natasha Kohne |Barbara Niederkofler

Last week, the Securities and Exchange Commission imposed expanded privacy and cybersecurity obligations on fund managers and sponsors registered with the SEC as investment advisers. While many registered investment advisers will conclude that their existing policies and procedures already address much of the new requirements, every adviser will need to assess what, if any, gaps exist between current practice and these new rulemakings.