United States: CFTC Reaches Settlement with Oil and Natural Gas Advisor for Failure to Register as a SEF
By: Cheryl L. Isaac and Spencer D. Warkentin
On September 26, 2022, amidst a flurry of other enforcement actions, the Commodity Futures Trading Commission (“CFTC”) announced the settlement of its administrative action against Asset Risk Management, LLC (“ARM”) in the amount of $200,000. The CFTC found that ARM operated an unregistered swap execution facility (“SEF”) for a period of 5 years, from September 2017 to the present.
Read More