CFTC Orders The Royal Bank of Scotland plc and RBS Securities Japan Limited to Pay $325 Million Penalty to Settle Charges of Manipulation, Attempted Manipulation, and False Reporting of Yen and Swiss Franc LIBOR Market manipulation

CFTC release 6510-13 · 2013-02-07 · view on cftc.gov ↗

Key facts

Release number: 6510-13
Release date: 2013-02-07
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6510-13

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.