Tag Archives: fine
Royal Bank of Scotland Group Prosecuted by CFTC For Manipulation and False Reporting of Yen and Swiss Franc LIBOR
6
2013
The Royal Bank of Scotland plc (RBS) and its Japanese entity RBS Securities Japan Limited have been ordered by the US Commodity Futures Trading Commission (CFTC) to pay a total of $325 million as a penalty to settle charges brought …
Read more
The US Commodity Futures Trading Commission (CFTC) announced late last week that under its Rules of Practice it has declined to review a decision entered by a Judgement Officer revoking the commodity trading adviser (CTA) registration of Pro Trading Course …
Read more
Busy week for the NFA after it charged FXDD for administrative violations today it couldn’t resist and took a parting shot at Forex Club – who gave up on its forex license few months ago anyway. The NFA charged and …
Read more
The Financial Industry Regulatory Authority (FINRA), along with NYSE Arca, Inc., The NASDAQ Stock Market LLC, NASDAQ OMX BX, Inc., and BATS Exchange, Inc. today announced that they have censured and fined Hold Brothers On-Line Investment Services, LLC $3.4 million …
Read more
NYSE Euronext, has announced that it has reached a settlement agreement with the SEC relating primarily to alleged violations by New York Stock Exchange LLC of Rule 603(a) of Regulation NMS, a rule governing the timing of delivery of certain …
Read more
The U.S. Commodity Futures Trading Commission issued an Order filing and settling charges against SMP Bank (SMP), headquartered in Moscow, Russia, and Epaster Investments, Ltd. (Epaster), an investment company located in Nicosia, Cyprus, for engaging in wash sales and causing …
Read more
The U.S. Commodity Futures Trading Commission today issued an order settling charges that LMC Asset Management, of Deerfield Beach exercised discretionary trading authority over customers’ accounts in retail, leveraged foreign currency (forex) transactions, without being registered with the CFTC as a Commodity …
Read more
Open E Cry a registered futures commission merchant, was fined $250,000 for failing to diligently supervise the handling of its customer accounts, the Commodity Futures Trading Commission said. “The CFTC order finds that for a period of months prior to …
Read more
Morgan Stanley has agreed to pay $5 million to settle federal regulators’ charges of violating competition rules in futures trades and inaccurately reporting trades to exchanges. Morgan Stanley has been pushing its FX offering and recently overtook Goldman Sachs in …
Read more
When the US regulators said DO NOT chase the US public as potential clients they meant it! Cyprus based Trading Point has been given a harsh warning and fine by the CFTC as it has been found guilty of unlawfully …
Read more
