CFTC Orders The Bank of New York Mellon to Pay $5 Million for Swap Reporting and Supervision Failures and Violation of a Prior CFTC Order Other enforcement

CFTC release 8951-24 · 2024-08-26 · view on cftc.gov ↗

Key facts

Release number: 8951-24
Release date: 2024-08-26
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/8951-24

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.