Posts Tagged “CFTC”
Banks Must End ‘Brazen, Flagrant’ Manipulation: CFTC’s Chilton
by The Compliance Exchange on February 6, 2013
Big banks that rigged interest rates behaved in “brazen, flagrant” fashion, the head of the Commodities and Futures Trading Commission told CNBC on Wednesday, adding that imposing hefty fines were needed as a deterrent to bad behavior.
William Baer Confirmed as Justice Department Antitrust Chief and Other Top Compliance Stories on Jan. 2, 2013
by Kyle Colona on January 2, 2013
William J. Baer was confirmed by the Senate on Sunday as the government’s top antitrust police dog in charge of the Justice Department division that reviews corporate mergers and prosecutes price-fixing cases. While Senate lawmakers were busy with the fiscal (…)
MF Global Overseers Reach Accord over Claims and Other Top Compliance Stories on Dec. 26 2012
by Kyle Colona on December 26, 2012
Compliance Roundup Stories
CFTC adopts final rule requiring firms to save their oral communications
by The Compliance Exchange on December 19, 2012
The Commodity Futures Trading Commission on Monday approved a final rule that would require firms registered with the agency to record the oral communications of their brokers for up to a year.
SEC Said to Weigh EX-CFTC Director as General Counsel
by The Compliance Exchange on December 19, 2012
Securities and Exchange Commission Chairman Elisse Walter may hire as her top lawyer a former enforcement director from the main U.S. derivatives regulator.
British Regulator Says Banks ‘Too Big to Prosecute’ and Other Top Compliance Stories on Dec. 17, 2012
by Kyle Colona on December 17, 2012
Today’s top compliance stories include charges against Peter Eichler’s Aletheia Research, the CFTC’s latest no-action letter in connection with new swap rules, and more.
Goldman Wrist Slapped $1.5 Million for Failing to Supervise Trader and Other Top Compliance Stories on Dec. 10, 2012
by Kyle Colona on December 10, 2012
Goldman Wrist Slapped $1.5 Million for Failing to Supervise Trader Goldman Sachs will ante up again as it has agreed to pay $1.5 million to settle CFTC charges that the firm failed to supervise a rogue trader who fabricated big (…)
FDIC’s Systemic Risk Advisory To Meet And Other Top Compliance News On Dec 7, 2012
by Kyle Colona on December 7, 2012
FDIC’s Systemic Risk Advisory Committee Slated to Meet The Federal Deposit Insurance Corporation (FDIC) has announced that it will hold a meeting of its Systemic Risk Advisory Committee, December 10, 2012. The meeting will feature a discussion with Paul Tucker, (…)
Dodd-Frank Swap-Clearing Rule Gets CFTC Final Approval
by The Compliance Exchange on November 29, 2012
Wall Street’s largest swap dealers, including Goldman Sachs Group Inc. (GS) and JPMorgan Chase & Co. (JPM), will be required to guarantee trades at clearinghouses starting in March under a rule made final by the top U.S. derivatives regulator.
