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

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns...
FinTech

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...
FinTech

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...
FinTech

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...