Registered swap dealers at Credit Suisse were found to have inaccurately reported swap transactions by the US derivatives regulator.
Chris Giancarlo joins Baton Systems as senior advisor after serving for five years as chairman and commissioner at the CFTC.
Heath Tarbert joins the market maker shortly after leaving the Commodities Futures Trading Commission (CFTC) at the end of January.
Heath Tarbert confirmed in December that he would be resigning as chairman and chief executive when president Joe Biden took office in early 2021.
Gary Gensler becomes chairman of the Securities and Exchange Commission (SEC) bringing with him over 25 years of industry experience.
The EU regulator said that a total of €88 million in fines relating to 339 actions under the market abuse regulation were imposed in 2019, up from €10 million in 2018.
Heath Tarbert was appointed chair and commissioner of the CFTC in 2019 and will resign as chair when Joe Biden takes office in 2021.
EDI has called on the CFTC, House of Representatives, and the US Senate to investigate fee changes at CME Group that would increase costs each year for the firm.
The CFTC set a new record for the number of enforcements during 2020 totalling $1.3 billion, despite operating through the pandemic.
CFTC releases no-action letters offering further relief for clearing organisations during Libor transition
The two no-action letters will offer swap transaction and pricing data reporting relief to clearing organisations transitioning to SOFR.