Credit Suisse to pay $1.5 million for swap data reporting failures
Registered swap dealers at Credit Suisse were found to have inaccurately reported swap transactions by the US derivatives regulator.
Tag: CFTC
Former CFTC chairman Giancarlo joins Baton Systems as senior advisor
Chris Giancarlo joins Baton Systems as senior advisor after serving for five years as chairman and commissioner at the CFTC.
Citadel Securities names former CFTC chairman Tarbert chief legal officer
Heath Tarbert joins the market maker shortly after leaving the Commodities Futures Trading Commission (CFTC) at the end of January.
Interim CFTC chair appointed as Heath Tarbert steps down
Heath Tarbert confirmed in December that he would be resigning as chairman and chief executive when president Joe Biden took office in early 2021.
Biden administration selects former CFTC head for SEC chairman role
Gary Gensler becomes chairman of the Securities and Exchange Commission (SEC) bringing with him over 25 years of industry experience.
ESMA reports huge €78 million increase in market abuse sanctions in 2019
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.
CFTC chair Tarbert to step down early next year
Heath Tarbert was appointed chair and commissioner of the CFTC in 2019 and will resign as chair when Joe Biden takes office in 2021.
Data
US authorities urged to investigate ‘illegal’ changes to CME market data fee policies
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.
US derivatives watchdog issued highest number of enforcements in its history during 2020
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.