On Sept. 25, 2017, the Program on Corporate Compliance and Enforcement and the Institute for Corporate Governance and Finance at New York University School of Law hosted a policy speech by James McDonald, Director of the Division of Enforcement, United States Commodity Futures Trading Commission (CFTC). Mr. McDonald presented the CFTC’s new self-reporting and cooperation policy. The new policy was originally announced in January 2017 and is the first update to the CFTC’s cooperation guidelines since 2007. The new policy is a by-product of CFTC’s recognition of its limited enforcement resources and the belief that self-reporting incentives will strengthen CFTC’s ability to efficiently investigate misconduct and combat fraud.
