A bank registered as a swap dealer and an introducing broker settled CFTC charges for recordkeeping and supervision failures.
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A futures commission merchant settled charges with the National Futures Association for failing to maintain communications records and for failing to protect customer information.
An introducing broker settled charges with the National Futures Association for failing to comply with recordkeeping requirements and to ensure proper registration of individuals.
Five broker-dealers, three dually registered broker-dealers and investment advisers, and two affiliated investment advisers settled charges with the SEC and CFTC for recordkeeping violations after failing to preserve electronic business-communications made using their personal devices.
CFTC Commissioner Kristin N. Johnson expressed discomfort with the notion that investors could interact directly with other investors on an exchange without going through the intermediation of a futures commission merchant.