Futures and Derivatives Law Report May 2022 | Volume 42 | Issue 5
Blueprint , HOUSE COMM . ON AGRIC . REPUBLICANS . ( Nov . 16 , 2021 ), https :// republicans-agriculture . h ouse . gov / news / documentsingle . aspx ? DocumentI D = 7123 .
23
Boca Keynote , supra note 5 ; ABA Keynote , supra note 16 (“[ T ] he Commission ’ s exercise of its enforcement authorities to address misconduct that has a direct impact on CFTC jurisdictional markets , affects the larger economy , causes public harm , or interferes with market integrity is just one facet of our approach in innovation and evolution in the financial markets .”).
24
Boca Keynote , supra note 5 .
25
ABA Keynote , supra note 16 .
26
About , Acting Chairman Rostin Behnam , CFTC , https :// www . cftc . gov / About / Commission ers / RostinBehnam / index . htm ( last visited Mar . 16 , 2022 ).
27
Id .
28
Id .; see also Managing Climate Risk in the U . S . Financial System , CFTC ( Sept . 9 , 2020 ), htt ps :// www . cftc . gov / sites / default / files / 2020-09 / 9- 9-20 % 20Report % 20of % 20the % 20Subcommitte e % 20on % 20Climate-Related % 20Market % 20Ris k % 20- % 20Managing % 20Climate % 20Risk % 20i n % 20the % 20U . S .% 20Financial % 20System % 20 for % 20posting . pdf .
29
CFTC Acting Chairman Behnam Establishes New Climate Risk Unit , CFTC ( Mar . 17 , 2021 ), https :// www . cftc . gov / PressRoom / PressRe leases / 8368-21 .
30
Boca Keynote , supra note 5 .
31
Id .
32
Id .
33
Remarks of CFTC Chairman Heath P . Tarbert to the 36th Annual FIA Expo 2020 , CFTC ( Nov . 10 , 2020 ), https :// www . cftc . gov / PressRoo m / SpeechesTestimony / tarbetstatement111020 .
34
See , e . g ., Dissenting Statement of Commissioner Rostin Behnam Regarding the Cross- Border Application of the Registration Thresholds and Certain Requirements Applicable to SDs and MSPs — Final Rule , CFTC ( July 23 , 2020 ), https :// www . cftc . gov / PressRoom / SpeechesTesti mony / behnamstatement072320 ; Dissenting Statement of Commissioner Rostin Behnam on Capital Requirements of Swap Dealers and Major Swap Participants , CFTC ( July 22 , 2020 ), htt ps :// www . cftc . gov / PressRoom / SpeechesTestimo ny / behnamstatement072220b ; Dissenting Statement of Commissioner Dan M . Berkovitz on the Final Rule for Cross-Border Swap Activity of Swap Dealers and Major Swap Participants , CFTC ( July 23 , 2020 ), https :// www . cftc . gov / Pres sRoom / SpeechesTestimony / berkovitzstatement 072320 .
35
Rostin Behnam , Dissenting Statement of Commissioner Rostin Behnam Regarding the Cross-Border Application of the Registration Thresholds and Certain Requirements Applicable to SDs and MSPs — Final Rule , CFTC ( July 23 , 2020 ), https :// www . cftc . gov / PressRoom / Speeche sTestimony / behnamstatement072320 .
36
Boca Keynote , supra note 5 .
37
To consider the following nomination : The Honorable Rostin Behnam , of Maryland , to be Chairman and a Commissioner of the Commodity Futures Trading Commission Before the S . Comm . On Agric ., Nutrition , and Forestry , 117th Cong . ( Oct . 27 , 2021 ).
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See CFTC Seeks Public Comment on FTX Request for Amended DCO Registration Order , CFTC ( Mar . 10 , 2022 ), https :// www . cftc . gov / Pre ssRoom / PressReleases / 8499-22 .
39
Id .
40
Boca Keynote , supra note 5 .
41
Id .
42
CFTC , AGENCY FINANCIAL REPORT FISCAL
YEAR 2021 4 ( 2021 ). Note that the Commission ’ s Division of Enforcement has yet to publish its annual report that covers its enforcement activities in more detail and provides relevant statistics . The numbers cited throughout the rest of this article are based on a manual count of publicly available complaints and enforcement orders .
43
See , e . g ., Complaint , CFTC v . Gorman , No . 1:21-cv-00870 ( S . D . N . Y . Feb . 1 , 2021 ) ( charging a swaps trader at a global investment bank with engaging in a scheme to manipulate the price of
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