The New Frontier of Fraud: Generative AI Takes Aim at Commodity Futures Markets Mar 28, 2025 The buzz around Generative AI’s potential often overshadows a growing danger, particularly noted by regulators like the Commodity Futures Trading Commission (CFTC): its weaponization by criminals targeting the fast-paced commodity futures markets. This isn’t just theoretical; sophisticated AI is already enabling hyper-realistic phishing scams mimicking industry communication, deepfake impersonations of brokers or officials, and even the generation of fake news designed to manipulate commodity prices. The reliance on real-time data, high leverage, and rapid communication inherent in futures trading makes this sector uniquely vulnerable to these AI-driven deceptions. Understanding and mitigating these evolving threats is no longer optional—it’s crucial for maintaining market integrity. Read on to explore the specific risks and essential defensive strategies…
Inactive Firms be Aware – Semi- Annual Questionnaires Coming Due Mar 24, 2025 Under National Futures Association (NFA) Compliance Rule 2-52 and its associated Interpretive Notice, NFA Member Questionnaire Requirements (effective… Read More
Common NFA Audit Deficiencies for 2025 Feb 28, 2025 Turnkey periodically shares common audit deficiencies observed in National Futures Association (“NFA”) exams, we provide insight into the areas NFA emphasizes most.