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Anti abuse activity continues in the US

Anti abuse penalties continue to increase in the US following recent fines (see here). These include a settlement of $67.4 m between the CFTC and Tower Research Capital LLC for spoofing. The  CFTC press release can be found here and the order here. This article on the FT web site summarises the case. In commodities, … Continue reading

ESMA opens consultation on MiFID II position limits

ESMA has opened a consultation on the MiFID II position limits and position management regimes, following a “call for evidence” earlier this year (see here).  The consultation document can be found here. The document reveals that the call for evidence returned some doubts as to the effectiveness of the regime in countering market abuse and … Continue reading

One week to the 2nd open anti-abuse forum

The 2nd open anti-abuse forum for the energy and commodities will take place in Amsterdam on the 11th November 2019, in one week’s time. There are still a few places remaining for those who wish to attend. The forum is brought to the market on a non-profit basis by the Market Abuse Centre and ETR … Continue reading