At an event at New York University Law School last week, Commodity Futures Trading Commission (CFTC) Enforcement Director Ian McGinley said his agency intends to push for heavier fines, particularly on repeat offenders, and will increasingly eschew settlements that allow firms to avoid admitting fault, as we reported last week
CFTC enforcement stance leads regulatory roundup
CFTC updates its enforcement guide, bank regulators update fair lending rules, 48-state settlement over computer error.