CFTC expands its power to pursue fraud

Commodity regulators have boosted their powers to investigate manipulation of the derivative market

Commodity regulators voted 5-0 to approve a rule that expands their ability to pursue fraud and manipulation in the derivatives markets they regulate, finishing the first major rule required by last year's Dodd-Frank financial-regulatory overhaul.

"We will use these tools to be a more effective cop on the beat, to promote market integrity and to protect market participants," CFTC Chairman Gary Gensler said.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump