Join Jim Lundy, Nicholas Wendland and the deputy general counsel of FIA (Futures Industry Association), Michael Sorrell, for a sneak peek of the next FIA Training course covering U.S. and global spoofing regulations. “FIA Training: What Brokers, Trading Firms and Vendors Need to Know About Spoofing” is an on-demand webinar of FIA's Law & Compliance Division Conference (L&C-V), available for 30 days after the conference.
In 2020, the U.S. Commodity Futures Trading Commission (CFTC) filed more enforcement actions than any other year in history at the agency, including a record-breaking settlement of $920 million for spoofing. Spoofing remains a top priority for the CFTC and global regulators.
What is spoofing, and what are the obligations for firms, traders, supervisors, compliance professionals and software developers in detecting and preventing it? Using content from FIA Training’s forthcoming spoofing module, the lawyers who helped design the module will explore all things spoofing, lessons learned to date, and how firms can train staff to lessen the risk of fines and penalties.