A swap dealer agreed to pay $65 million to settle CFTC charges of attempted manipulation of the U.S. Dollar ISDAFIX.
News & Insights
State regulators announced a $100 million, 44-state settlement with a bank for fraudulent and anticompetitive conduct involving the manipulation of the U.S. Dollar London Interbank Offered Rate and other benchmark interest rates.
SIFMA asserted that the Second Circuit Court of Appeals mischaracterized the alleged manipulation of the LIBOR index as a "per se" antitrust violation.
A global provider of stock market indices settled SEC charges for the dissemination of stale index values due to an undisclosed quality control feature in one of its volatility-related indices.
A futures commission merchant agreed to pay a $70 million fine to settle CFTC charges that it attempted to manipulate a global benchmark referenced in several interest rate products.