FinanceMagnates
The Commodity Futures Trading Commission (CFTC) has imposed
a $22 million fine on Nasdaq Futures, Inc., formerly a designated contract
market (DCM), for significant regulatory breaches involving its incentive
programs. According to a statement by the commission, from July 2015
to July 2018, Nasdaq Futures operated as a DCM focusing on energy futures
contracts…
Read More
CFTC Fines Nasdaq Futures $22 Million over Breach of Incentive Program Rules
The Commodity Futures Trading Commission (CFTC) has imposed a $22 million fine on Nasdaq Futures, Inc., formerly a designated contract market (DCM), for significant regulatory breaches involving its incentive programs. According to a statement by the commission, from July 2015 to July 2018, Nasdaq Futures operated as a DCM focusing on energy futures contracts…