Last week, a broker-dealer was fined US $1.575 million by the Financial Industry Regulatory Authority and other self-regulatory organizations for not complying with market access requirements for gatekeepers, while the...more
4/16/2018
/ Broker-Dealer ,
CFTC ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Dodd-Frank ,
Enforcement Actions ,
Excessive Fees ,
Financial Industry Regulatory Authority (FINRA) ,
Fines ,
Fraud ,
Initial Coin Offering (ICOs) ,
Investment Adviser ,
OCIE ,
Record Retention ,
Securities and Exchange Commission (SEC) ,
Spoofing
Trading Firm and Broker Affiliate Settle CFTC Enforcement Action for Trading Firm’s Alleged EFRP Transactions With Insufficiently Correlated Futures and Physical Legs: FCStone Merchant Services LLC and INTL FCStone Financial...more
11/22/2017
/ CFTC ,
Chicago Mercantile Exchange (CME) ,
Cryptocurrency ,
EFRP ,
Enforcement Actions ,
Foreign Listed Stock Index ,
Price Manipulation ,
Record Retention ,
Securities and Exchange Commission (SEC) ,
SEFs ,
Strategic Enforcement Plan
Treasury Calls for Better Coordination to Improve SEC and CFTC Efficiencies; Recommends Review of SROs to Minimize Conflicts and Increase Transparency: Last week, the US Department of Treasury called for more coordination...more
Clearing Firm’s Failure to File Suspicious Activity Reports in Response to Red Flags Charged as Violation of FINRA Requirements: Electronic Transaction Clearing, Inc., a registered broker-dealer, was charged by the Financial...more