CFTC charges Deutsche Bank with reporting code violations
Charge is latest regulatory blow to German giant’s US operations
The US Commodity Futures Trading Commission (CFTC) filed a legal complaint against Deutsche Bank on August 18, alleging "multiple swap reporting violations" and "related supervision failures".
The CFTC also charges that Deutsche, Germany's biggest commercial bank, is responsible for "violation of a prior CFTC order", in a civil complaint filed with a US federal court in New York.
According to the CFTC, a systems failure on April 16 at Deutsche Bank's New York operation "prevented Deutsche Bank
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