Strategies to Deal with the CFTC
In an effort to preserve the economic functions of the U.S. futures and options market, the CFTC has stepped up its enforcement efforts through its trade practice and market surveillance program. Under this program, the CFTC routinely examines exchange transactional data to detect and prevent fraud and trading abuses. As transactions go beyond cross-borders and ever more complex, the CFTC is more likely to continue with its market monitoring and routine examinations making it necessary for finance executives and their compliance officers to have effective strategies handy to deal with CFTC trade practice and market surveillance.
In a two-hour LIVE webcast, a panel of thought leaders and experienced practitioners assembled by the Knowledge Group will provide substantive discussion regarding this significant topic. Additionally, speakers will offer practical guidance and strategies on how to effectively deal with CFTC examinations under its trade practice and market surveillance program. Join this live, virtual webinar and get a chance to pose questions to the speakers during the live Q&A session.
Julian E. Hammar , Special Counsel,
Covington & Burling LLP
Manipulation and Disruptive Trading Practices Under the Commodity Exchange Act
- Background: Statutory Prohibition
- Traditional Anti-Manipulation Standard
- Anti-manipulation under Dodd-Frank
- New Fraud-Based Anti-manipulation standard
- Disruptive Trading Practices under Dodd-Frank
- Violating Bids and Offers
- Disregard for Orderly Execution
- Wash Trading
- CFTC Market Surveillance
Christian T. Kemnitz, Partner and Co-Head, Financial Services Litigation Practice ,
Katten Muchin Rosenman LLP
- What conduct is the CFTC looking for?
- What triggers investigations?
- What can you expect in an investigation?
- How are the rules applied?
Who Should Attend:
− Chief Compliance Officers
− Compliance Managers
− General Counsel
− Senior Managers
− Finance Executives
− Fraud Monitoring
− And Other Interested Professionals
Julian Hammar recently joined Covington & Burling LLP as a special counsel in the Washington, DC office and practices in the firm’s corporate, securities, and energy regulation groups. He advises clients with respect to all aspects of compliance with the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) and CFTC regulations. Prior to joining Covington & Burling LLP in December 2012, Mr. Hammar was an Assistant General Counsel at the Commodity Futures Trading Commission (“CFTC”), Office of the General Counsel. During his thirteen years at the CFTC, Mr. Hammar drafted regulations to further define key terms including “swap,” “security-based swap,” and “security-based swap agreement,” under the Dodd-Frank Act. He also assisted in drafting other Dodd-Frank Act regulations, including the Entity Definitions (rules to further define such terms as “swap dealer,” “major swap participant,” and “eligible contract participant”), commodity options, and the Volcker Rule. In addition to rulemaking, Mr. Hammar was a member of the CFTC’s legislative drafting team that drafted the derivatives title of the Administration’s legislative proposal for derivatives regulation that eventually was enacted into law as Title VII of the Dodd Frank Act.
Julian Hammar recently joined Covington & Burling LLP as a special counsel in the Washington, DC office and practices in …
Christian T. Kemnitz is the co-head of the firm’s Financial Services Litigation Practice at Katten Muchin Rosenman LLP. He concentrates his practice on disputes relating to the financial services industry, including litigation, enforcement proceedings, internal investigations, and regulatory actions relating to securities, options, derivatives, commodities and futures. He also has extensive experience representing broker-dealers in civil disputes, including arbitration claims brought by customers, counseling clients in class action litigation brought under securities laws, and representing diverse parties at various exchanges and enforcement proceedings before the SEC, CFTC, self-regulatory bodies and at stock, option and futures exchanges. Mr. Kemnitz has also represented corporate and individual clients for investment banks, broker-dealers, hedge funds and others in internal investigations and white collar criminal matters, including governmental queries involving the Department of Justice, the SEC and the CFTC.
Christian T. Kemnitz is the co-head of the firm’s Financial Services Litigation Practice at Katten Muchin Rosenman LLP. He concentrates …
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Method of Presentation:
On-demand Webcast (CLE)
NASBA Field of Study:
Specialized Knowledge & Applications
NY Category of CLE Credit:
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About Covington & Burling LLP
Covington & Burling LLP is a leading international law firm of 800 lawyers. The firm advises deiverse clients with respect to compliance with the Dodd-Frank Wall Street Reform and Consumer Protection Act and CFTC regulations.
About Katten Muchin Rosenman LLP
Katten is a full-service law firm with more than 600 attorneys in locations across the United States and in London and Shanghai. While Katten offers an extensive range of legal services across numerous industries, their Litigation and Dispute Resolution Practice has nearly 200 attorneys dedicated to evaluating, fighting and resolving clients’ most difficult problems. Members of the Litigation Practice regularly appear in federal and state courts across the nation, at the trial and appellate levels, before arbitration tribunals and administrative law judges, and in specialty courts.
Katten’s clients benefit from the experience of the many attorneys who have held positions at the U.S. Department of Justice, the U.S. Attorneys Office, the White House, the SEC, the CFTC, and other government agencies and prosecutors’ offices. They have the depth and experience to handle virtually any type of case.