The U.S. Department of Justice last week ordered Rabobank to pay a $325 million criminal penalty for rigging various interbank interest rates to increase trading profits relating to the London Interbank Offered Rate and the Euro Interbank Offered Rate. The fine marks the second-largest penalty in the Criminal Division’s ongoing investigation of the LIBOR trading scandal.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...