CFTC Targets Market Manipulation In New Rules

Law360, New York (October 26, 2010, 11:56 AM EDT) -- The U.S. Commodity Futures Trading Commission on Tuesday approved proposed rules that would create a new regulatory framework for preventing market manipulation.

In a unanimous vote, commissioners cleared the proposed rules to be published in the Federal Register. A 60-day public comment period will follow, after which the CFTC can implement a final rule through a second vote.

The proposal implements provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the financial overhaul measure that became law on July 21, bolstering regulators’ ability to...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.