November 21, 2016 BY LeapRate Staff
CFTC reports more than $1.2 billion in fines and restitution in Fiscal 2016
US financial regulator the CFTC has issued a summary of its activity for its 2016 fiscal year (which ended September 30), indicating among other things that it more than pays for itself. The CFTC collected and deposited at the U.S. Treasury over $484 million in civil monetary penalties during the year, nearly double the CFTC’s operating…
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