Topic
Wash Trades
10 published works
The Securities Law Blog
SEC Charges Two Individuals for Wash Trading Scheme Involving Options of "Meme Stocks"
The Securities and Exchange Commission today charged a Florida resident and his friend for engaging in a fraudulent scheme designed to collect liquidity rebates from exchanges by wash trading put…
Corporate & Financial Weekly Digest
CME Strikes Revisions to Wash Trade Advisory Notice Regarding Block Trades
On January 6, the CME Group Exchanges (CME Group) issued an amended Advisory Notice on wash trades, which removes language prohibiting block trades between accounts with the same beneficial ownership.…
Corporate & Financial Weekly Digest
CME Issues Revisions to Wash Trade Advisory Notice
On December 17, the CME Group Exchanges (CME Group) issued Market Regulation Advisory Notice RA1411-5 to provide updated guidance on wash trades. The Advisory Notice revises portions of the frequently…
Energy & Environmental Law Adviser
FERC Staff Issues Notice of Alleged Violations in Powhatan Case
On August 5, 2014, FERC’s Office of Enforcement (OE) issued a Notice of Alleged Violations (NAV) asserting that Powhatan Energy Fund, LLC, HEEP Fund, Inc., CU Fund Inc., and Houlian…
Corporate & Financial Weekly Digest
Chicago Mercantile Exchange Issues Advisory Notice on Wash Trades
On November 19, the CME Group Exchanges issued Market Regulation Advisory Notice RA0913-5R regarding the prohibition on wash trades. The Advisory Notice defines a “wash trade” as “a form of…
Regulatory & Compliance Update
Caught in the Wash
By Bryan Daly
Traders selling, and then repurchasing, the same stock, bond, option or future, is a topic facing increasing regulatory scrutiny. For systematic hedge funds trading in the U.S. — some of…
Corporate and Securities Law
CFTC Seeks Comment on Guidance Concerning Illegal Wash Trades
Corporate & Financial Weekly Digest
CFTC Seeks Public Comment on Wash Trade Advisory
On July 15, the Commodity Futures Trading Commission published a request for public comment on a Market Regulation Advisory Notice related to wash trades that was proposed on July 9 by…
Corporate & Financial Weekly Digest
CME Group Introduces Self-Match Prevention
On June 17, the Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange and Kansas City Board of Trade issued an advisory notice that provides updated guidance on…
Corporate and Securities Law
CFTC Reiterates that “Wash Trades” Are “Grave Violations” in Penalizing Two Experienced Traders for Wash Trading