U.S. Commodity Futures Trading Commission [CFTC] fined a Russia bank $6 million Monday for executing “fictitious and non-competitive” Russian Ruble – U.S. dollar futures contracts on the Chicago Mercantile Exchange. The CFTC brought the enforcement action against VTB Bank, headquartered in St. Petersburg, Russia, and its subsidiary VTB Capital PLC. VTB Capital is a U.K. […]
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