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<p><span xml:lang="EN" lang="EN">The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against <span>HSBC Bank USA, N.A.</span></span><span>,</span><span> a provisionally registered swap dealer, <span>HSBC Securities (USA) Inc.</span>, a futures commission merchant, and <span>HSBC Bank plc</span>, a provisionally registered swap dealer </span><span xml:lang="EN" lang="EN">(collectively HSBC Affiliates). The order charges HSBC Affiliates with </span><span>failing to maintain, preserve, or produce records that were required to be kept under CFTC recordkeeping requirements, and failing to diligently supervise matters related to their businesses as CFTC registrants.</span></p>
<p><span xml:lang="EN" lang="EN">The Commodity Futures Trading Commission today issued an order </span><span xml:lang="EN" lang="EN">simultaneously </span><span xml:lang="EN" lang="EN">filing and settling charges against HSBC Bank USA, N.A. (HSBC), a provisionally registered swap dealer. The order charges HSBC with manipulative and deceptive trading related to swaps with bond issuers, spoofing, and supervision and mobile device recordkeeping failures at various times </span><span>during approximately an eight-year period. </span></p>
<p><span>The Commodity Futures Trading Commission today issued orders simultaneously filing and settling charges against swap dealer and futures commission merchant (FCM) affiliates of 11 financial institutions for failing to maintain, preserve, or produce records that were required to be kept under CFTC recordkeeping requirements, and failing to diligently supervise matters related to their businesses as CFTC registrants.</span></p>
<p><span>The Commodity Futures Trading Commission today announced the U.S. District Court for the Middle District of Florida entered an order for permanent injunction, monetary sanctions, and equitable relief against Alan Friedland of Florida and his Florida-based companies, Fintech Investment Group, Inc. (Fintech), and Compcoin LLC, for fraudulently soliciting customers to purchase a digital asset they falsely promised would allow customers to gain access to a proprietary foreign currency (forex) trading algorithm. </span></p>
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