Northern Trust, Societe Generale, BNY Mellon and others fined $6 million for swaps violations
The US CFTC also fined NatWest Markets, PNC Bank and Northern Trust for reporting and risk management regulation failures.
Tag: swaps
Banks complete OTC equity swap blockchain tests
Group including Barclays, JP Morgan, Credit Suisse and others complete tests for post-trade processing of equity swaps using blockchain technology.
Custodian hold-ups lead to CFTC swaps extension
Swap dealers initially had to comply with margin requirements for a 1 September deadline.
CFTC's Giancarlo hits out at cross-border swaps oversight
The CFTC has announced further delays to regulating Wall Street's oversea's affiliates.