Two sets of market enforcement actions

Lawyers' Forum

By Trevor J. Orsinger

Trevor J. Orsinger is an attorney with O’Mara Gleason O’Callaghan, a firm focusing on business and financial services litigation. A former military prosecutor and enforcement attorney at a Chicago-based exchange, he represents individual traders and institutional market participants. Follow him on Twitter @TrevorOrsinger or reach him at trevor.orsinger@ogolawyers.com.

Posted January 18, 2018 1:21 PM

As the Commodity Futures Trading Commission embraces a model that encourages the self-reporting of trade practice violations by market participants directly to the commission, many questions arise as to how the new paradigm will affect the punitive impact on individuals and proprietary firms.Where it was previously difficult to predict a standardized sanction rate for a particular rule violation in an environment that does not encourage self-reporting, it may be nearly impossible to forecast sanctions and their corollary …

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