TFS-ICAP agrees to pay $7M penalty to settle CFTC charges
The CFTC has entered a proposed consent order with the Court, envisaging a civil monetary penalty of $7 million for TFS-ICAP.
The CFTC has entered a proposed consent order with the Court, envisaging a civil monetary penalty of $7 million for TFS-ICAP.
The CFTC and TFS-ICAP have reached an agreement in principle to resolve a case accusing the company’s brokers of engaging in illicit practices in the Forex options market.