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CFTC Orders HSBC Bank USA, N A To Pay A $45 Million Penalty For Manipulative And Deceptive Trading In Connection With Swaps Related To Bond Issuances, Spoofing, And Supervision And Mobile Device Recordkeeping Failures

<p><span xml:lang="EN" lang="EN">The Commodity Futures Trading Commission today issued an order&nbsp;</span><span xml:lang="EN" lang="EN">simultaneously&nbsp;</span><span xml:lang="EN" lang="EN">filing and settling charges against HSBC Bank USA, N.A. (HSBC), a provisionally registered swap dealer. The order charges HSBC with manipulative and deceptive trading related to swaps with bond issuers, spoofing, and supervision and mobile device recordkeeping failures at various times&nbsp;</span><span>during approximately an eight-year period.&nbsp;</span></p>

CFTC: Federal Court Orders Danish Resident To Pay Over $4 7 Million For Forex Fraud And Misappropriation

<p><span>The Commodity Futures Trading Commission today announced the U.S. Court for the Southern District of New York entered an order and a final judgment against Danish resident&nbsp;Casper Mikkelsen, a/k/a&nbsp;Carsten Nielsen, a/k/a&nbsp;Brian Thomson, a/k/a&nbsp;Thomas Jensen, a/k/a&nbsp;Casper Muller, permanently prohibiting him from trading commodity interests, and ordering him to pay $1,191,286 in restitution and a $3,573,860 penalty, which is triple the profits Mikkelsen made committing this fraud.</span></p>

CFTC Orders JPMorgan To Pay $75 Million For Widespread Use By Employees Of Unapproved Communication Methods And Related Recordkeeping And Supervision Failures - JPMorgan Admits Employees Used Texts And WhatsApp on Personal Devices To Conduct Business

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against JPMorgan Chase Bank, N.A., J.P. Morgan Securities LLC, and J.P. Morgan Securities plc (collectively, JPMorgan), for failing to maintain, preserve, and produce records that were required to be kept under CFTC recordkeeping requirements, and failing to diligently supervise matters related to its businesses as CFTC registrants.

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