Reported about 2 months ago
The Bank of New York Mellon has agreed to pay $5 million to settle charges by the U.S. Commodity Futures Trading Commission (CFTC) for failing to accurately report over 5 million swap transactions from 2018 to 2023, in violation of a prior order. Alongside the financial penalty, BNY will retain an independent compliance consultant to enhance its compliance measures.
Source: YAHOO