Commentary by Bob Zwirb
The CFTC filed a federal complaint and obtained a restraining order against a corporation and several individuals for misappropriating over $6 million in customer funds in connection with an offering of a virtual currency.
By a vote of 84-13, the U.S. Senate confirmed Jerome H. Powell to be Chair of the Board of Governors of the Federal Reserve System.
SEC Chair Jay Clayton, SEC Commissioner Kara Stein and other SEC officials and industry leaders shared perspectives on developing challenges and opportunities in shareholder engagement.
SEC Chair Jay Clayton urged market professionals to act responsibly when dealing with Initial Coin Offerings and shared his perspective on the implementation of remaining Dodd-Frank rulemaking mandates.
CFTC Commissioner Rostin Behnam named John Dunfee, Laura Gardy and Alicia L. Lewis to serve as his Special Counsel.