On August 24, the Commodity Futures Trading Commission added 22 unregistered foreign entities to its Registration Deficient List (RED List). A firm is added to the RED List when the CFTC determines that such firm (1) is not registered with the CFTC; and (2) appears to be acting in a capacity that requires registration, such
RED List
CFTC Announces “Project Streetlamp” Competition
Posted in CFTC
The Commodity Futures Trading Commission (CFTC) announced a competition, called “Project Streetlamp,” which challenges participants to use artificial intelligence or other tools to identify unregistered foreign entities potentially engaging in illegal activity subject to the CFTC’s jurisdiction and automatically add such entities to the CFTC’s Registration Deficient (RED) List. The competition is ongoing and is…
CFTC Adds 71 Names to Registration Deficient List
By Kevin M. Foley & James M. Brady on
Posted in CFTC
The Commodity Futures Trading Commission has added 71 names to its Registration Deficient (RED) List, which identifies foreign entities that illegally solicit US residents to trade binary options and forex. The RED List is available on the CFTC’s website.
More information on the 71 names identified is available here.
CFTC Publishes RED List
By Kevin M. Foley & James M. Brady on
Posted in CFTC
The CFTC has announced that it has initiated a Registration Deficiency List (RED List), which identifies unregistered foreign entities that the CFTC believes may be illegally soliciting and/or accepting funds from US residents. The RED List is part of the CFTC’s SmartCheck campaign, an online service that connects investors to tools that allow them to…