Citigroup Drawn into CFTC Probe, Investigating Global Rate-Swap Businesses

Moderator: moderators

kreslik.news
rank: 10000+ posts
rank: 10000+ posts
Posts: 37309
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

Citigroup Drawn into CFTC Probe, Investigating Global Rate-Swap Businesses

Postby kreslik.news » Sun Oct 30, 2016 3:58 pm


A new probe has been opened against Citigroup Inc., less than six months after reconciling allegations of derivatives market rigging – the latest investigation involves the US Commodity Futures Trading Commission (CFTC), relating in part to a 2015 antitrust lawsuit, per a Bloomberg report.

Don’t miss your last chance to sign up for the FM London Summit. Register here!

Citigroup’s latest government probe emphasizes the group’s trading and clearing of interest-rate swaps business. The CFTC launched an investigation following a 2015 antitrust lawsuit that alleges many of the industry’s leading swap dealers had managed to effectively blocked fund managers from trading ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”