CFTC fines BGC for supervision failings

Judgement
By GlobalCapital
25 Nov 2019

The US Commodity Futures Trading Commission has ordered BGC Financial to pay a $3m civil monetary penalty over alleged supervision, reporting and record-keeping failings.

The CFTC issued an order filing and settling charges against the broker for violations that took place over more than five years.

As part of the order, BGC must pay the penalty and cease and desist from further violations and comply with certain undertakings. The latter includes the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.