On June 1, 2026, the Commodity Futures Trading Commission announced that it was awarding more than $8 million to five whistleblowers whose information led to the resolution of a fraud case in the commodities markets. It was a routine-sounding announcement, but it came at a moment when the fund that pays these awards was running low on money. Less than two months later, Senators Chuck Grassley (R-Iowa) and John Fetterman (D-Pa.) introduced legislation aimed at fixing that problem before it … [Read more...]
Nominee to Lead CFTC calls for strict enforcement of Crypto Currency
On June 11, 2025, Brian D. Quintenz, the nominee to serve as CFTC Chairman, testified before the Senate Committee on Agriculture, Nutrition, and Forestry. This is the second nomination to this position for Quintenz, who served previously as CFTC Chairman in the first Trump administration after unanimous Senate confirmation in 2017. In addition to his previous CFTC experience, Quintenz intends to draw on his experience as the Global Head of Policy for the crypto funds of venture capital firm … [Read more...]