Chris Skidmore

United States Commodity Futures Trading Commission (CFTC) fines Bank of New York Mellon $5 million for failure to correctly report at least 5 million of swap transactions & supervise swap dealer business from 2018 to 2023.  Read - https://lnkd.in/dwE9ZRuB follow Caproasia | Driving the future of Asia The United States Commodity Futures Trading Commission (CFTC) has fined Bank of New York Mellon $5 million for failure to correctly report at least 5 million of swap transactions & supervise swap dealer business from 2018 to 2023.  United States CFTC (26/8/24): “The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges with The Bank of New York Mellon (BNYM) for repeatedly failing to correctly report millions of swap transactions to a registered swap data repository, in violation of a prior CFTC order against BNYM, and for failing to properly supervise its swap dealer business as required by the Commodity Exchange Act (CEA) and CFTC regulations. [See CFTC Press Release Nos. 8033-19 and 8042-19] The order imposes a $5 million civil monetary penalty and incorporates BNYM’s decision to retain an. independent compliance consultant to review and provide advice regarding its compliance program.” Case Background – The order finds from approximately 2018 through 2023, BNYM repeatedly failed to correctly report at least five million swap transactions and failed to properly supervise its swap dealer business with respect to swap data reporting and monitoring of its associated persons (AP). Many of the reporting failures also constituted a violation of the CFTC’s September 30, 2019 order against BNYM. In re Bank of New York Mellon, CFTC No. 19-42, 2019 WL 4915489 (Sep. 30, 2019) (consent order) (the 2019 Order). The 2019 order required BNYM to cease and desist from further violating some of the same sections of the CEA and CFTC regulations that are the subject of the current action.  In addition to the supervision failures reflected in BNYM’s swap data reporting violations, BNYM also failed to properly supervise its business as a swap dealer in that it had no written policies or procedures to monitor the voice communications of its APs or monitor the e-communications of its APs communicating in languages other than English, in order to ensure its APs were complying with the CEA and CFTC regulations.  The reduced civil monetary penalty in the order recognizes BNYM’s self-reporting; acknowledges BNYM’s representations concerning its remediation efforts, including engagement of an outside compliance consultant; and recognizes substantial cooperation with the Division of Enforcement’s investigation. BNY

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TradeOption Fx Review 2024: Is TradeOption Fx a Scam or Legit? https://buff.ly/3UmHByt #TradeOptionFxReview

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The U.S. Commodity Futures Trading Commission (CFTC) has issued an order against Universal Navigation Inc., operating as Uniswap Labs, for offering illegal leveraged or margined retail commodity transactions involving digital assets. #CFTC #UniswapLabs #DigitalAssets #CryptoTrading #RegulatoryAction #LeveragedTrading #CommodityFutures #ForexRegulation #CryptoCompliance #FinancialPenalties

# Only Put Off Until Tomorrow What You Are Willing to Die Having Left Undone ## Pay Close Attention to FIS Stock Moves in the Options Market Investors in Fidelity National Information Services, Inc. \(FIS\) should take note of recent developments in the options market. The Jan 17, 2025 $125.00 Put has exhibited significant implied volatility, making it an important factor to consider. ### Implied Volatility: A Key Indicator Implied volatility is a measure that indicates the expected future price fluctuations of a stock based on its options. In the case of FIS, the Jan 17, 2025 $125.00 Put is showing some of the highest implied volatility among all equity options today. With implied volatility being a reflection of market participants' expectations for a stock's potential price swing, it suggests that there may be a significant move in FIS stock on the horizon. ## Take Action Now to Avoid the Fear of Missing Out! As a seasoned investment advisor, I urge you to seize this opportunity and act promptly. By closely monitoring developments in the options market and taking advantage of market inefficiencies, you can position yourself to maximize returns and grow your Health Savings Account \(HSA\). Investing in healthcare-related stocks like Fidelity National Information Services, Inc. aligns with the themes of health, wellness, and family well-being. By investing in companies that contribute to the healthcare industry, you not only have the potential for financial growth but also support the advancement of vital services and technologies that enhance our lives. Don't let the fear of missing out hinder your progress. Empower yourself and secure your financial future by staying informed, seeking expert advice, and taking action. Act now to make the most of your HSA investment opportunities and unlock greater potential for yourself and your loved ones. #hsa #investing #healthcare #health #family #wellness 💪💰📈

Poland’s libertarian presidential candidate, Sławomir Mentzen, has announced plans to create a Strategic Bitcoin Reserve if he wins the May 2025 elections. Mentzen shared his vision on Nov. 17 through the social media platform X. He outlined his commitment to turning Poland into a crypto hub with supportive regulations, low taxes, and a cooperative stance from financial […] The post Poland presidential candidate wants to allow nation to hold Bitcoin with strategic reserve appeared first on CryptoSlate. #Poland #Bitcoin #cryptocurrency #elections #crypto