Search Results for: Commodity Futures Trading Commission
Sachs probed in alleged Treasury rigging
March 21st, 2016
Washington’s probe into the alleged rigging of the $13 trillion US Treasurys market by Wall Street banks has narrowed its focus to a handful of firms — including Goldman Sachs, The Post has learned. In addition, European authorities have ...
CFTC Approves Substituted Compliance Framework in Follow-up to the Recent Equivalence Agreement between the US and the EU
March 18th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today unanimously approved a substituted compliance framework for dually-registered central counterparties (CCPs) located in the European Union (EU), together with a comparability determination with respect to certain EU rules. Today’s action follows ...
CFTC Approves Final Rule to Amend the Trade Option Exemption by Eliminating Certain Reporting and Recordkeeping Requirements for End-Users
March 17th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today approved a final rule that removes reporting and recordkeeping requirements for trade option counterparties that are neither swap dealers nor major swap participants (Non-SD/MSPs), including commercial end-users that transact in trade ...
CFTC Charges Two Binary Options Firms with Fraud, Illegal Off-Exchange Activity, and Operating in an Unregistered Capacity
March 16th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today announced that a federal district court has unsealed a civil Complaint that the CFTC filed with the Northern District of Illinois on February 2, 2016, against two foreign web-based binary options ...
CFTC Orders IBFX, Inc. to Pay a $1 Million Penalty
March 15th, 2016
CFTC Orders Florida-based IBFX, Inc. (f/k/a TradeStation Forex, Inc.) to Pay a $1 Million Penalty for Failing to Meet Minimum Capital Requirements, Failing to Timely Report Minimum Net Capital Violations, Supervisory Failures, and Violating a Prior CFTC Order The ...
CFTC: Banc de Binary Ltd and ET Binary Options Ltd are among Binary Options Firms ordered to pay $9 Million penalty
March 10th, 2016
Federal Court Orders Banc de Binary Ltd., ET Binary Options Ltd., BO Systems Ltd., BDB Services Ltd., and Oren Shabat Laurent to Pay More than $9 Million in Restitution and a Civil Monetary Penalty for Violating the CFTC’s Ban ...
Gold Becomes the Biggest Winner of 2016
February 29th, 2016
Money managers boost net-long positions to highest in a year Inflows to SPDR Gold Shares beat all other U.S. ETFs Gold’s comeback is dominating 2016. The precious metal is the year’s best-performing major asset. Its 15 percent gain is ...
Banc de Binary Reaches $11 Million Settlement with U.S. Authorities
February 26th, 2016
Company alleged to have illegally signed up U.S. investors to binary options trading platform Banc de Binary Ltd., a financial trading company and a sponsor of Liverpool Football Club, has agreed to an $11 million settlement with U.S. authorities ...
CFTC charged Asset Management firm and its owners
February 24th, 2016
CFTC Charges Florida-Based North American Asset Management, LLC, Alexi Bethel, and Steven Labadie with Engaging in Illegal, Off-Exchange Precious Metals Transactions The U.S. Commodity Futures Trading Commission (CFTC) announced the filing of a civil injunctive enforcement action in the ...
Last Wave on Libor: CFTC Likely to Charge Multiple Banks for Rate Rigging
February 16th, 2016
Citigroup, HSBC are among firms targeted by regulators, according to people close to the probe American banks have so far escaped the billions of dollars in fines that have been levied by U.S. and British regulators leading a global ...
