By Adrianne Appel2025-09-08T14:27:00
BNY, Citigroup, Santander, UBS, and two other financial institutions paid a total of $8.3 million to settle separate compliance violations with the Commodity Futures Trading Commission (CFTC), which was eager to quickly clear the cases so it could move on to more serious fraud investigations, Acting CFTC Chairman Caroline Pham announced.
Under the CFTC’s “enforcement sprint,” which Pham announced in March, eligible firms were able to propose their own remediation plans and reasonable settlement offers for violations such as record-keeping, off-channel communications, and reporting.
2025-02-05T17:24:00Z By Aaron Nicodemus
The Commodity Futures Trading Commission’s enforcement division will end the practice of “regulation by enforcement,” according to Acting Chair Caroline Pham.
2024-08-29T16:09:00Z By Adrianne Appel
The Commodities Futures Trading Commission fined TOTSA TotalEnergies Trading $48 million for allegedly engaging in price manipulation, with Commissioner Carolyn Pham defending a compliance officer at the Swiss energy company accused of making false statements.
2024-08-20T15:26:00Z By Aaron Nicodemus
Caroline Pham, a commissioner on the Commodity Futures Trading Commission, criticized the agency’s policy on credit for self-reporting violations as a “bait-and-switch.”
2025-09-26T19:28:00Z By Oscar Gonzalez
Amazon settled a complaint with the U.S. Federal Trade Commission Thursday over allegedly enrolling consumers into its Amazon Prime subscription and making it difficult to cancel. The FTC says the amount of the settlement is one of the biggest in its history.
2025-09-25T21:24:00Z By Ruth Prickett
Two of the biggest banks in Australia are under fire for major compliance and cultural failings. ANZ and National Australia Bank are facing intense scrutiny over misconduct ranging from mistreating customers to underpaying staff.
2025-09-23T20:42:00Z By Oscar Gonzalez
The U.S. Supreme Court temporarily allowed President Trump to remove a Federal Trade Commission commissioner without cause on Monday, setting up a final battle over whether he can dismiss commissioners despite congressional rules.
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