The charges against Bank of America marks the ninth CFTC enforcement action against major investment banks related to ISDAFIX rigging.
Tag: USD ISDAFIX
NEX Group subsidiary Intercapital Capital Markets was found to have helped bank clients manipulate the USD ISDAFIX benchmark.
BNP Paribas was found to have made false reports and attempted to rig the USD ISDAFIX over a five-year period.
The CFTC found traders at RBS joked about manipulating the USD ISDAFIX benchmark.