To read Bridging the Week, click here.

This week's issue addresses the following topics:

  • Court Permits Customer and IB Claims to Proceed Against U.S. Bank Over Peregrine Collapse
  • CFTC Commissioner Giancarlo Invokes Smoot-Hawley to Remind Global Regulators of the Dangers of Uncoordinated Swaps Regulation
  • Barclays Entities Settle With UK FCA Over Client Money Rule Breaches and With US SEC for Investment Advisor Compliance Issues;
  • CFTC Sues Trader for Fraud and Unauthorized Swap Trades
  • Ontario Securities Commission Issues Guidance Regarding Unsolicited Trade and Hedger Exemption for Unregistered Foreign Dealers Facilitating Futures Transactions With Ontario-Based Customers
  • The Other Shoe Drops: After Previously Fining FirstRand Bank for Unlawful Pre-Execution Discussions, CFTC Now Fines the Counterparty, Absa Bank
  • Father and Son Sanctioned by CFTC for Position Limit Violations
  • Important Reminders Resonate From Recent CME Group and ICE Futures U.S. Disciplinary Actions