Barclays to pay $500,000 to settle charges over record keeping: CFTC

Thu Sep 22, 2016 2:08pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

WASHINGTON (Reuters) - The U.S. Commodity Futures Trading Commission said on Thursday it had ordered Barclays Bank PLC (BARC.L: Quote) to pay $500,000 to settle charges of record-keeping deficiencies.

As part of the settlement, which covered record keeping for trades over a three-year period ending in October 2012, Barclays is required to cease and desist from committing further violations of relevant CFTC regulations, the agency said.

(Reporting by Timothy Ahmann; Editing by Susan Heavey)

A Barclays sign is seen on the exterior of the Barclays U.S. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar