July 29, 2021

Five megabanks learned to ‘Game the System,’ Feds say

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By Jenna Greene, From The National Law Journal Five megabanks agreed to pay more than $4.2 billion in penalties to settle charges by U.S. and European regulators of attempting to manipulate global foreign-exchange benchmark rates. Characterizing the misconduct as “egregious and brazen,” Aitan Goelman, the U.S. Commodity Futures Trading Commission director of enforcement, in a […]