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Recent Editions
Risk Channel
North America
David Miller, the new enforcement director at the Commodity Futures Trading Commission (CFTC), has said the regulator will focus on policing misconduct including insider trading in prediction markets and manipulation in energy markets. The agency, which oversees commodities and swaps markets, will focus on a handful of enforcement areas, also including market abuse such as spoofing and willful violations of laws designed to prevent money laundering, Miller said in his first public remarks since joining the CFTC last month. “Unfortunately there’s a myth in mainstream media and social media that insider trading doesn’t apply in the prediction markets,” Miller said at a panel at New York University. “That is wrong.”
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Risk Channel
UK/Europe
Research by the UK's University of Sussex and King's College London which mapped sales, production and supply chain exposures of companies listed on Germany's DAX and MDAX indices suggests that German firms are so deeply connected to both the United States and China that they cannot decouple from either without taking a severe economic hit. "Leading industrial players like Siemens and BMW were built in a fundamentally globalised system and can't decouple from either China or the US without devastating losses," University of Sussex political economist Steven Rolf, a co-author of the study, observed.
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