ARTICLE
4 October 2019

Trading Entity Settles CFTC Charges For Exceeding Position Limits In Futures Contracts

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
An Illinois-based trading entity settled CFTC charges for exceeding the speculative position limits in soybean oil and meal futures.
United States Finance and Banking

An Illinois-based trading entity settled CFTC charges for exceeding the speculative position limits in soybean oil and meal futures.

The trading entity agreed (i) to cease and desist violating CFTC regulations and (ii) to pay a civil monetary penalty of $140,000.

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