Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
The U.S. Commodity Futures Trading Commission announced an award of $30 million to a whistleblower Thursday, the biggest award ever under the CFTC’s whistleblower program.
The agency said the whistleblower “voluntarily provided key original information that led to a successful enforcement action.”… Continue Reading
Disclosure rules for cryptocurrencies like Bitcoin are seriously lagging at the state and federal level. Without a standardized ethics framework to monitor public officials’ cryptocurrency transactions, potential conflicts of interest and even bribery can arise and remain undetected.… Continue Reading
The U.S. Commodity Futures Trading Commission fined a Russia bank $6 million Monday for executing “fictitious and noncompetitive” Russian Ruble – U.S. dollar futures contracts on the Chicago Mercantile Exchange.
The CFTC brought the enforcement action against VTB Bank, headquartered in St.… Continue Reading
The Commodity Futures Trading Commission (CFTC) filed a civil complaint Thursday in federal district court in New York City charging Deutsche Bank AG with failing to report any swap data for multiple asset classes for five days in April when a software update went wrong and crashed the system.… Continue Reading
Regulators in the United States, Britain, and Switzerland penalized five banks $3.3 billion for rigging foreign-exchange benchmarks.
The U.S. Commodity Futures Trading Commission, Britain’s Financial Conduct Authority, and the Swiss Financial Market Supervisory Authority fined Switzerland’s UBS AG $800 million.… Continue Reading
Image courtesy of the U.S. governmentWe explained in the prior post that the MRA is a seemingly absolute bar to using settlement money to fund community programs (or anything else, for that matter).… Continue Reading
Deutsche Bank in Frankfurt, Germany, courtesy of WikipediaU.S. banking regulators have ordered Deutsche Bank AG to improve its compliance systems and risk controls, the Wall Street Journal said.
The report Thursday cited an agreement Deutsche Bank entered into with the Federal Reserve Bank of New York and New York’s Department of Financial Services.… Continue Reading
