# CFTC Orders Canadian Imperial Bank of Commerce to Pay $1.25 Million for Untimely Swaps Reporting

> CFTC release 8977-24 · 2024-09-24 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 8977-24
- **Release date:** 2024-09-24
- **Type:** Other enforcement
- **Title:** CFTC Orders Canadian Imperial Bank of Commerce to Pay $1.25 Million for Untimely Swaps Reporting
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8977-24

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 8977-24, "CFTC Orders Canadian Imperial Bank of Commerce to Pay $1.25 Million for Untimely Swaps Reporting", 2024-09-24. Retrieved via AI Analytics 2026-07-05 from https://api.ai-analytics.org/cftc-action/8977-24.

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