CFTC-PR-8942-24 (Aug. 14, 2024) CFTC Orders Multinational Commodities Trading Firm to Pay $500,000 Penalty for Federal Position Limit Violations. The Matter Represents First Ever Cross-Exchange Violation Charge Washington, D.C. — The Commodity Futures Trading Commission today issued an order filing and settling charges against Vitol, Inc., based in Houston, Texas, and its affiliate, Vitol SA, headquartered in Geneva, […]
Category: Companies in the News
“Companies in the News” on JCAP101.com provides updates on how various companies are interacting with regulatory authorities, including compliance issues, regulatory approvals, and legal challenges. This section highlights significant developments such as new regulations impacting specific industries, investigations into corporate practices, and the outcomes of regulatory reviews or enforcement actions. By focusing on these interactions, the platform offers insights into how regulatory changes and decisions influence corporate strategies, operations, and market performance.
CFTC-PR-8943-24 (Aug. 14, 2024) CFTC Orders TD Bank and Cowen to Pay Civil Monetary Penalties for Recordkeeping and Supervision Failures for Firm-Wide Use of Unapproved Communication Methods Washington, D.C. — The Commodity Futures Trading Commission today issued two orders simultaneously filing and settling charges against The Toronto Dominion Bank (TD Bank), a swap dealer, and against Cowen and Company (Cowen), […]
CFTC-PR-8944-24 (Aug. 14, 2024) CFTC Orders TD Bank to Pay $4 Million for Supervision Failures Impacting its Electronic Communications Surveillance System Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against The Toronto Dominion Bank (TD Bank), a registered swap dealer, for failing to diligently supervise activities related to its […]
CFTC-PR-8941-24 (Aug. 12, 2024) CFTC Orders Texas Company to Pay $100,000 for Failing to Register as an Introducing Broker Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Cost Management Solutions, LLC (CMS), a Texas corporation. Date: Aug. 12, 2024 Date Accessed: Aug. 19, 2024 Source URL: https://www.cftc.gov/PressRoom/PressReleases/8941-24 […]
CFPB-PR-240808-1 (Aug. 8, 2024) CFPB Takes Action Against Credit Repair Cloud and CEO Daniel Rosen for Enabling Credit Repair Companies that Harvest Illegal Fees – Proposed order requires defendants to pay $3 million Date: Aug. 8, 2024 Accessed: Aug. 26, 2024 Source URL: https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-against-credit-repair-cloud-and-ceo-daniel-rosen-for-enabling-credit-repair-companies-that-harvest-illegal-fees/ Categories: CFTC CFTC-24 CFTC-2401 Credit Repair Cloud Junk Fees PDF Notes: […]
CFTC-PR-8938-24 (Aug. 8, 2024) CFTC Obtains $12.7 Billion Judgment Against FTX and Alameda – Restitution and Disgorgement Damages to Pay Fraud Victims. Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered a consent order of permanent injunction and other equitable relief against FTX Trading […]
CFTC-PR-8937-24 (Aug. 2, 2024) CFTC Exempts Additional Singapore Recognized Market Operators from SEF Registration Requirements Washington, D.C. — The Commodity Futures Trading Commission today announced it unanimously approved an amended order that exempts two recognized market operators (RMOs) authorized within Singapore from CFTC swap execution facility (SEF) registration requirements. The exempted RMOs are FMX Securities (Singapore) […]
CPSC-PR-24-333 (Aug. 1, 2024) CPSC Urges Consumers to Immediately Stop Using and Disable Biometric Feature on Owsoo and Cacagoo Biometric Gun Safes Due to Serious Injury Hazard and Risk of Death WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission (CPSC) is warning consumers about the risk of serious injury or death posed by Owsoo […]
CPSC-PR-24-323 (Jul. 30, 2024) CPSC Finds Amazon Responsible Under Federal Safety Law for Hazardous Products Sold by Third-Party Sellers on Amazon.com – Amazon Ordered to Develop Remediation Plans to Notify Purchasers and the Public and to Implement Remedies to Remove Products from Consumers’ Homes WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission (CPSC) today issued a Decision […]
FTC-PR-240307-1 (Mar. 7, 2024) XCL Resources Seeks FTC’s Prior Approval for Altamont Energy Acquisition – FTC invites public to comment on pending oil & gas acquisition The Federal Trade Commission is requesting public comment on an application from XCL Resources Holdings, LLC, a subsidiary of private equity firm EnCap Investment L.P., seeking prior approval from […]