September 19, 2016
Posted September 19, 2016
The CFTC ordered JSC VTB Bank, headquartered in St. Petersburg, Russia, and VTB Capital PLC to pay a $5 million penalty for executing fictitious and noncompetitive block trades in Russian Ruble/U.S. Dollar (RUB/USD) futures contracts. CFTC
Tagged in: Fraud in CFTC-Regulated Markets, Market Manipulation and Trading Violations,