With political divides, claims of insufficient funding to fulfill its role, a potential shortage of senior staff
and a wide array of challenges facing its new chairman, is the CFTC in an even greater state of flux than
the markets ...
Dutch giant becomes the latest to settle Libor charges. Colin Lambert reports.
Rabobank has become the latest
financial markets player to be hit
with fines over the London
Interbank Offered Rate (Libor) scandal.
The Dutch giant faces penalties of more
David Meister, director of the Division of Enforcement at the US Commodity Futures
Trading Commission (CFTC) has stepped down from the role.
Meister will be replaced by Gretchen Lowe, who is taking the role in an acting
capacity. Lowe is ...
Timothy Massad will be stepping down from his post with the US Treasury later this
year, furthering speculation that he is in-line to become the next chairman of the
Commodity Futures Trading Commission (CFTC).
New York Times reports have linked ...
The Commodity Futures Trading Commission has issued an
order filing and settling charges against R.J. O’Brien &
Associates, a CFTC-registered futures commission merchant
(FCM) based in Chicago, Illinois, for unlawfully commingling
secured foreign futures and options customer funds with
The Commodity Futures Trading Commission has taken
further action against FX DirectDealer (FXDD).
According to CFTC, between November 2010 and December
2012, FXDD, a CFTC-registered Retail Foreign Exchange Dealer
(RFED) and Futures Commission Merchant (FCM)
headquartered in New York, failed to comply ...
Knight Capital Americas has agreed to pay $12 million
to settle charges made by the Securities and
Exchange Commission (SEC) following its system
meltdown last year, which brought the firm close to
The regulator investigated the causes and preventability of
Authorities both sides of the
Atlantic have slapped Icap Europe
with a fine relating to staff
activities at the interdealer broker during
the Libor fixing scandal.
The Commodity Futures Trading
Commission (CFTC) announced it was
bringing and settling charges of
The Division of Market Oversight at the Commodity Futures Trading Commission
(CFTC) has a new head. The division, which is responsible for enforcing and
enacting Dodd-Frank guidelines as part of its overall responsibilities, has named Vincent
McGonagle as the new ...
The Commodity Futures Trading Commission says it has
obtained a federal court consent Order against defendants
Alex Ekdeshman of New Jersey, and Paramount Management,
requiring them to pay $1,146,000 in restitution to defrauded
customers and a $1,337,000 civil monetary penalty.
The Consent ...