CFTC Rescinds Policy Regarding Denials of Settlements in Enforcement Actions

The CFTC rescinded its no-deny policy regarding settlement offers in enforcement actions. This change allows for more flexible settlements, potentially speeding up the return of funds to affected investors. No specific charges or penalties were mentioned in the release.

• •CFTC rescinded its no-deny settlement policy.
• •This aligns the CFTC with other federal agencies.
• •The change allows for more flexible settlements.
• •It may expedite the return of funds to investors.
• •Settlements without admission of wrongdoing are now more common.

This change allows the CFTC to settle cases more efficiently, which could benefit investors awaiting restitution.