Shipkevich Bitcoin and ICO Attorney

Regulators

Felix Shipkevich December 22, 2017

Not-for-profit FINRA (Financial Industry Regulatory Authority) issued a warning titled “Dont Fall for Cryptocurrency-Related Stock Scams” alerting investros of Bitcoin and ICO frauds. FINRA is not part of any federal government agency. Instead the non-profit organization is authorized by Congress as self-regulatory organization (SRO) to regulate the broker-dealer industry. In their investor alert they warn against […]

Felix Shipkevich December 12, 2017

The CFTC’s Division of Swap Dealer and Intermediary Oversight responded to a letter from the Futures Industry Association (FIA) requesting guidance for Commodity Trading Advisor (CTAs) registration requirements. The Division stated in a staff letter that commodity trading advice conducted “solely incidental” to a profession, or “solely in connection with” business is not subject to […]

Felix Shipkevich December 12, 2017

Last week the European Commission (EC) and the CFTC announced mutual recognition of each other’s derivatives trading venues, fulfilling the Common Approach announced this October the 13th, 2017 by the two regulatory agencies. On Tuesday, December 5, 2017 the EC announced it adopted an equivalence decision to recognize certain trading venues authorized by the CFTC […]

Felix Shipkevich October 23, 2017

US Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo and European Commission (EC) Vice-President Valdis Dombrovskis announced a common approach for the mutual recognition of EU and US derivatives trading venues. The two regulatory bodies have made a joint announcement to ensure that both US and EU swap market counterparts are able to comply with […]

Felix Shipkevich August 4, 2017

Christopher Giancarlo was nominated by the US Commodity Futures Trading Commission (CFTC) as the Chairman of the regulatory agency. Moreover, Brian Quintenz and Rostin Behnam, both of who are Republican nominees, were confirmed as CFTC Commissioners. However, a third Republican nominee, Dawn Stump, did not receive the same treatment. According to a Senate Democratic aide, […]

Felix Shipkevich May 28, 2014

The CFTC announced last week its first award under the whistleblower award program initiated pursuant to the Dodd-Frank Act. Under the program, eligible whistleblowers are entitled to a financial award where original information provided leads to a successful enforcement action and the collection of at least $1 million. Whistleblowers who file successful claims are also entitled to job security and […]