CFTC Orders The Royal Bank of Scotland to Pay $85 Million Penalty for Attempted Manipulation of U.S. Dollar ISDAFIX Benchmark Swap Rates Market manipulation

CFTC release 7527-17 · 2017-02-04 · view on cftc.gov ↗

Key facts

Release number: 7527-17
Release date: 2017-02-04
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7527-17

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.