Due to declines in public offerings, mergers, trading activity, Wall Street banks are restructuring and reducing headcount. Goldman Sachs laid off approximately 3,200 employees, and Morgan Stanley, Barclays, and other financial institutions have announced job cuts.
U.S. Commodity Futures Trading Commission CFTC Whistleblower Office released its 2022 Annual Report on the CFTC Whistleblower Program. The report details the program’s record 2022 Fiscal Year, which included the largest whistleblower award ever issued under Dodd-Frank Act.
Washington, D.C. The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered consent orders against the three co-founders of the BitMEX cryptocurrency derivatives trading platform: Arthur Hayes, Benjamin Delo, and Samuel Reed .