Rabobank to Pay $475 Million Penalty to Settle Manipulation and False Reporting Charges Related to LIBOR and Euribor Market manipulation

CFTC release 6752-13 · 2013-10-30 · view on cftc.gov ↗

Key facts

Release number
6752-13
Release date
2013-10-30
Type
Market manipulation
Primary source
https://www.cftc.gov/PressRoom/PressReleases/6752-13

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.