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CFTC Hits DBSI with a $70M Civil Monetary Penalty

February 8, 2018 by Louis Chunovic

CFTC Hits DBSI with a $70M Civil Monetary Penalty

Deutsche Bank Securities Inc. (DBSI) will pay a $70 million civil monetary penalty for its attempted manipulation of the U.S. dollar ISDAFIX benchmark, according to a recent CFTC order that both filed and settled the charges against the indirect wholly owned subsidiary of Germany’s venerable Deutsche Bank AG. DBSI officials neither admitted nor denied the… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Middle-Office, Operational Risk, Risk Management, Standards, Regulation & Compliance, Derivatives, Regulatory Compliance, Regulatory Reporting Tagged With: attempted manipulation, CFTC, DBSI, Deutsche Bank Securities, ISDAFIX, settlement, USD

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