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CFTC Ends Its "No-Deny" Settlement Policy: What It Means for Enforcement
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CFTC Ends Its "No-Deny" Settlement Policy: What It Means for Enforcement
Earlier this month, the Commodity Futures Trading Commission (CFTC or Commission) eliminated its rule barring settlement with defendants who continued to deny the allegations against them. The move follows the Securities and Exchange Commission’s rescission of a parallel no-deny policy in May 2026, a development we noted previously, and signals an accelerating consensus shift between the two agencies on the terms of civil enforcement settlements…
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