Topic
CFTC Enforcement
2 articles
CFTC Enforcement
CFTC enforcement: UBS fined $8 million over AML wire monitoring
The CFTC ordered UBS Financial Services to pay $8 million for failing to supervise AML monitoring of FX wires in retail commodity accounts from 2019 to 2023.
CFTC Enforcement
CFTC enforcement and the swap valuation fraud that inflated a fund
A federal court granted the CFTC summary judgment against a former hedge fund manager who inflated swap values, ordering a $2.2 million civil monetary penalty.