RegHub Summit New York 2023

A rise in enforcement actions related to primary market manipulation has shown the emergence of a potentially significant surveillance risk. Is this risk receiving enough attention from the vendor community and surveillance teams in financial institutions?

Confirmed panellists:

1. Ian McGinley, Director of the Division of Enforcement, CFTC.
2. Sean Dusseau, Managing Director, Global Head of Swap Dealer and Derivatives Compliance, Scotiabank.
3. Nader S. Raja, Member, Litigation, Moore & Van Allen.
4. Mike Coats, Chief Technology Officer, TradingHub.
5. Shayne Ganeson, Head of North America, TradingHub (Moderator).
   
   

It is well documented that enforcement actions of late have been very focused on very sophisticated cases of cross-product market manipulation. We have seen cases brought by the Department of Justice (DOJ) where orders in the futures markets have been used to spoof the US Treasury markets – exploiting the shared risk exposure of these securities. Cases of spoofing are getting more sophisticated – or have they always been happening, and is the fog simply lifting on the perpetrators?

Confirmed panellists:

1. Edward Dasso, Senior Vice President of Market Regulation, NFA.
2. Paul Fagone, Principal, Advisory, FS Regulatory and Compliance Risk, KPMG.
3. Andrew Waters, Global Head of Regulatory Affairs, TradingHub.
4. Shayne Ganeson, Head of North America, TradingHub (Moderator).