CFTC Investigations Enforcement Actions Lawyers - Federal Lawyers
The Commodity Futures Trading Commission, referred to as the CFTC, is a U.S. government agency in charge of investigating and prosecuting any violations occurring in the trading of futures and options. Similar to the more well-known SEC, the CFTC has just as much authority as the SEC, and can thus levy substantial charges against individuals or corporations. If you find yourself at the center of these investigations, do not assume any misunderstandings will be easily resolved. In most cases, penalties for CFTC violations can include heavy fines, bans and suspensions, and possibly a prison sentence. Rather than fight this battle alone or with attorneys who have little knowledge of these complex cases, turn instead to experienced CFTC investigations enforcement actions lawyers for assistance.
Dodd-Frank Amendments Lead to Increased CFTC Authority
After the U.S. financial crisis of 2008, the federal government took immediate action to ensure illegal financial practices were better regulated. As a result, many amendments were made to the Dodd-Frank Act, giving the CFTC much greater authority to investigate matters involving commodity markets trading activity. Whether this involves precious metals, virtual currencies such as Bitcoin, or other commodities, the CFTC now has been given the authority to aggressively pursue and prosecute these cases. Therefore, if federal investigators have brought charges against you, assume they will be looking to impose severe penalties upon you. Rather than let this occur, hire knowledgeable CFTC investigations enforcement actions lawyers who know how to develop winning strategies.
Working with Management and In-House Legal Counsel
If you are facing charges from the CFTC, it may be to your benefit to have an attorney on your side who can work closely with your company’s management team and in-house legal counsel. In doing so, this will ensure everyone is familiar with the charges, understands the potential consequences, and can work together on developing a legal strategy that will lead to a quick and fair resolution to the matter. Since most federal courts have dockets that are extremely backlogged, this may allow your attorneys to gain the upper hand on prosecutors and negotiate an out-of-court resolution to the matter. If this happens, it greatly increases the chances you will be able to avoid more severe penalties, allowing you to resume your personal and professional lives with little disruption.
Making the Best Decisions
When facing any types of criminal charges, prosecutors are banking on the accused making poor decisions in regards to legal counsel and answering the allegations made against them. For example, prosecutors and investigators often question individuals without an attorney being present, which can lead to a person’s legal rights being violated along the way. If you are being pressured to cooperate with investigators or sit down for a discussion, never do so until you have hired legal counsel and arranged to have them present at any meeting. By doing so, you will put investigators and prosecutors on notice that you not only know your rights, but have hired attorneys who will ensure those rights are protected.