CFTC Orders The Options Clearing Corporation To Pay A $5 Million Penalty For Violations Of Core Principles And Regulations Related To Operational Risk Management
<p><span>The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against The Options Clearing Corporation (OCC), a Chicago-based CFTC-registered derivatives clearing organization (DCO).</span><a id="_Hlk127440561" name="_Hlk127440561">&nbsp;</a><span>The order finds the respondent failed to establish, implement, maintain and enforce certain policies and procedures reasonably designed to ...
Source: mondovisione.com