We use cookies to track usage and preferences. See Cookie Policy
Pocketmags Digital Magazines
CA
Pocketmags Digital Magazines
Christmas Presents
   You are currently viewing the Canada version of the site.
Would you like to switch to your local site?
Digital Subscriptions > The Hedge Fund Journal > Issue 110 - December 2015 | January 2016 > CFTC Brings (and Settles) Its First Insider-Trading Case

CFTC Brings (and Settles) Its First Insider-Trading Case

Implications for all private fund managers

The US Commodity Futures Trading Commission recently settled its first-ever insider-trading case, relying on new powers granted to it under the Dodd-Frank Act and embodied in CFTC Regulation § 180.1 (“Rule 180.1”).

This development should be examined closely by all private fund managers that trade or engage in transactions that include “commodity interests” (i.e., futures, options on futures and related swaps), irrespective of whether they are registered with the CFTC and irrespective of whether they are trading for their own account or for clients. Among other things, managers should consider extending the scope of their current insider-trading protection efforts to commodities interest trading and broadening their personal trading disclosure requirements and review practices to cover commodity interest trading.

CFTC sanctions

The CFTC brought this action against Arya Motazedi, a proprietary gasoline and energy trader at an unnamed public company in Chicago. According to the CFTC, Motazedi had access to confidential, proprietary information concerning his employer’s proprietary trading in energy commodities (e.g., timing, amounts and prices) and he used that knowledge:

READ MORE
Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 110 - December 2015 | January 2016
If you own the issue, Login to read the full article now.
Single Issue - Issue 110 - December 2015 | January 2016
$159.99
Or 15999 points
6 Month Digital Subscription
Only $ 170.00 per issue
$849.99
Or 84999 points

View Issues

About The Hedge Fund Journal

INFORMING THE HEDGE FUND COMMUNITY With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry.
Ways to Pay Pocketmags Payment Types
At Pocketmags you get Secure Billing Great Offers HTML Reader Gifting options Loyalty Points