CFTC-PR-8946-24 (Aug. 19, 2024) CFTC Orders Brazilian and Swiss Sugar Companies to Pay $750,000 for Wash Sales Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against respondents Raizen Energia SA, a Brazilian energy company and sugar merchant, and Raizen Trading SA, a Swiss sugar merchant, for engaging in wash sales […]
Category: News About Companies
News About Companies on JCAP101.com offers updates on how companies engage with regulatory authorities, covering compliance issues, approvals, and legal challenges. This section highlights key developments like new regulations affecting specific industries, investigations into corporate practices, and the results of regulatory reviews or enforcement actions. By emphasizing these interactions, the platform provides valuable insights into how regulatory changes and decisions shape corporate strategies, operations, and market performance.
CFTC-PR-8945-24 (Aug. 14, 2024) CFTC Orders Truist Bank to Pay $3 Million Penalty and Remediate Recordkeeping and Supervision Failures Relating to Widespread Use of Unapproved Communications Methods. Truist Receives Substantially Reduced Penalty for Self-Reporting to the Division of Enforcement Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against […]
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, […]
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 […]