HSBC Settles US CFTC Charges with $75 Million Penalty Amidst Industry-wide Messaging Violations
HSBC Holdings Plc has recently agreed to pay a $75 million settlement to the U.S. Commodity Futures Trading Commission (CFTC). The charges were related to manipulative and deceptive trading practices, as well as record-keeping failures within several units of the global banking and financial services organization. HSBC Bank USA, in particular, has agreed to a […]