Introduction and summary When Congress enacted the Commodity Futures Modernization Act in December 2000, it exempted a novel financial product—financial derivatives contracts—from “[o]utdated statutes.”1 With the goals of “promoting financial innovation” and bringing derivatives regulations “into the new century,” Congress declared that the law “modernizes the regulatory structure of the […]

Canadian authorities on Sunday froze the finances associated with certain individuals and companies believed to be involved in the ongoing protests in Ottawa, according to Mike Duheme, Royal Canadian Mounted Police (RCMP) deputy commissioner of federal policing. The RCMP froze 206 financial products, including bank and corporate accounts; disclosed the […]

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