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CFTC clarifies capital and financial reporting requirements for swap dealers and major swap participants
The changes to Part 23 include the fine-tuning and harmonization of various rules including the tangible net worth approach and financial reporting requirements.
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CFTC fines swap dealer $500,000 for supervision failures
The company failed to ensure that thousands of orders were not timely surveilled for spoofing.
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CFTC proposes new rule on cyber and operational resilience
Rule proposed to protect agriculture, energy, metals, and financial markets.
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CFTC fines Goldman Sachs for failure to preserve audio recordings during pandemic
Civil fine relates to Goldman’s prior recordkeeping failures, but there is some dissent from Commissioners over sanctions.
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CFTC roundup: the largest bitcoin fraud scheme and highest civil monetary penalty action
This week’s roundup of CFTC actions includes a South African CEO charged for Forex fraud, and details of a precious metals fraud scheme.
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CFTC fines Goldman Sachs $15m over swap trading violations
Goldman Sachs failed to disclose PTMMMs, and allegedly traded at times that were financially advantageous to the company and disadvantageous to the clients.