CFTC charges and monitors Deutsche over swaps violations

Agency says incomplete, inaccurate data affects what is made publicly available and the data it uses to gauge systemic risk

Crackdown: "Deutsche's repeated violations warrant the intervention of a court-appointed monitor" – Goelman

The Commodity Futures Trading Commission (CFTC) wants a court-appointed monitor to oversee Deutsche Bank's compliance with its swaps reporting rules, after it was forced to file a civil complaint against the firm on August 18 for repeated violations.

The CFTC said the bank's ongoing reporting problems are affecting the market data made available to the public, as well as the data used by the agency to assess systemic risk in the swaps markets. 

The complaint charges that for five days, Deutsche

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: