Financial Stability

CFTC thanks UK’s FCA for co-operation on investigation

By Justin Pugsley
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The UK Financial Conduct Authority (FCA) has been praised by the Commodity Futures Trading Commission (CFTC) for helping it in an investigation related to oil derivatives trades, saying that the move demonstrated the criticality of cross-border co-operation to ensure the integrity of US and foreign markets.

On November 3, the ...

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