By Steve Kardell | Published February 28, 2023 | Posted in Fraud, Whistleblower Litigation | Tagged Tags: Commodity Futures Trading Commission, CTFC, recordkeeping failures |
Late last year, the United States Commodity Futures Trading Commission reached a $710 million settlement with 11 major financial institutions, including Goldman Sachs, Deutsche Bank, Morgan Stanley, Citibank and Bank of America, for recordkeeping and supervision failures. Similarly, the SEC announced a $1.1 billion settlement with the same institutions, for the same behavior. Case background Read More
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