Tag: CFTC

The US CFTC found that Commerzbank failed to supervise its swap dealing activities and made misleading compliance statements to the regulator.

Jacob Bourne, a swaps trader and managing director at Deutsche Bank, mismarked swaps valuations to try and conceal losses.

Mary Schapiro was chair of the SEC from 2009 to 2012 and joined LSEG as a non-executive director in 2015.

Mizuho Bank has settled charges with the CFTC after one of its traders carried out spoofing in US Treasury and Eurodollar futures markets.

The charges against Bank of America marks the ninth CFTC enforcement action against major investment banks related to ISDAFIX rigging.

NEX Group subsidiary Intercapital Capital Markets was found to have helped bank clients manipulate the USD ISDAFIX benchmark.

NatWest Markets will pay $750,000 to settle charges after the CFTC found it had misreported hundreds of thousands of swaps transactions.

Christopher Giancarlo, head of the CFTC, has long-been a critic of swaps trading rules in the US.

BNP Paribas was found to have made false reports and attempted to rig the USD ISDAFIX over a five-year period.

The CFTC found that R.J O’Brien failed to detect and prohibit a post-trade allocation scheme run by one its clients.