By Douglas Yatter, Richard Owens and Jack Neff (October 5, 2017, 6:25 PM EDT) -- On Sept. 25, 2017, James McDonald, the new director of the Division of Enforcement of the U.S. Commodity Futures Trading Commission, announced a new policy to encourage self-reporting of potential violations of the laws and regulations governing the commodities markets.[1] Speaking at NYU School of Law, McDonald outlined a plan for regulated firms and market participants to obtain potentially significant penalty reductions for self-reporting to the Division of Enforcement and cooperating in its investigations. In parallel, the division issued an updated advisory on "self reporting and full cooperation" to reflect its new focus.[2]...