Barclays to Pay $400 Million Penalty to Settle CFTC Charges of Attempted Manipulation and False Reporting of Foreign Exchange Benchmark Rates Market manipulation

CFTC release 7181-15 · 2015-05-21 · view on cftc.gov ↗

Key facts

Release number: 7181-15
Release date: 2015-05-21
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7181-15

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.