Tag: Societe Generale SA (EPA:GLE)

June 04, 2018 BY LeapRate Staff

SocGen fined $750 million for LIBOR manipulation

The U.S. Commodity Futures Trading Commission (CFTC) has announced that it has issued an Order today filing and settling charges against French banking giant Societe Generale SA (EPA:GLE) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for U.S. Dollar, Yen and Euro, and the Euro Interbank Offered Rate…

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September 28, 2016 BY LeapRate Staff

Societe Generale unit hit by CFTC with $750,000 fine for illegal Wash trades

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against SG Americas Securities, LLC, as successor to Newedge USA, LLC (Newedge), a financial services firm registered with the CFTC as a Futures Commission Merchant for participating in unlawful wash trades and for failing to diligently supervise over a…

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