BankingFinTech

CFTC: Orders Morgan Stanley Capital Services LLC to Pay $5 Million

  • Announced that it has filed and settled charges against Morgan Stanley Capital Services LLC a provisionally registered swap dealer
  • The order requires Morgan Stanley to pay a $5 million civil monetary penalty
  • This case demonstrates once again the importance of complying with the CFTC’s swap data reporting requirements
  • The CFTC will also continue to scrutinize closely entities that do not meet their reporting obligations
  • The order recognizes Morgan Stanley’s cooperation with the Division of Enforcement’s investigation in the form of a reduced civil monetary penalty
  • The CFTC thanks and acknowledges the assistance of the National Futures Association in this matter
Previous article
PensionBee: Released a new report with Plaid
Next article
SmartStream: Launches ‘Affinity’ in collaboration with Tier 1 banks
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

US Launches Cybersecurity Sharing Channel for Crypto Firms

New initiative aims to enhance security in the cryptocurrency sector.Highlights: US government launches a new cybersecurity sharing channel...
FinTech

PayPal Expands Payment Links to Canva Creators

Canva users can now easily monetize their designs with PayPal's new feature.Highlights: PayPal's payment links feature is now...
FinTech

Perpetuals Strengthens AI with Quantum Resilience as a Service

The new offering promises enhanced stability and security for fintech operations.Highlights: Perpetuals launches unique Quantum Resilience as a...
FinTech

Revolut Introduces AI Assistant for Money Management

New feature aims to enhance personal finance management for users.Highlights: Revolut launches an AI assistant for better money...