Tag: CFTC

In a crucial update from the CFTC, the OCEO has issued a warning about the growing use of generative AI in fraud schemes. The...

ElectronX, a financial infrastructure firm focused on electricity derivatives trading, has raised $10m in a strategic investment round.

Corlytics has released its regulatory enforcement data for Q3, showcasing a surge in regulatory actions, record fines, and a stronger emphasis on senior staff conduct.

Kaizen has successfully completed its first external funding round, securing a £42m investment from Guidepost Growth Equity. This marks a significant milestone for the...

The SEC and the CFTC have recently imposed fines totalling $477.75m on 26 broker-dealers and investment advisers for failing to comply with electronic communication...

BNY Mellon has been fined $5m by the CFTC for failing to accurately report millions of swap transactions and inadequately supervising its swap dealer operations.

In the modern interconnected business landscape, the proliferation of communication platforms demands that companies vigilantly monitor and manage various communication channels. According to ACA Group,...

With regulatory fines for inadequate eComms surveillance soaring in 2024, eflow Global has introduced an upgraded version of its AI-driven platform, TZEC.

In recent years, off-channel communications have come under the intense scrutiny of regulators like the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This scrutiny is largely due to the risks these unmonitored communications pose, ranging from compliance issues to gaps in record-keeping that can affect investor protection.

The SEC and CFTC have charged multiple Wall Street firms with widespread recordkeeping failures, imposing staggering penalties exceeding $2.5bn.