Bank of New York Mellon to pay $5 mln over swap reporting, supervision failures, CFTC says-March 2024-www.financetom.com

Bank of New York Mellon to pay $5 mln over swap reporting, supervision failures, CFTC says

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Bank of New York Mellon to pay $5 mln over swap reporting, supervision failures, CFTC says

Aug 29, 2024 2:02 AM

NEW YORK, Aug 26 (Reuters) - The Bank of New York Mellon ( BK )

has agreed to pay $5 million to settle U.S. Commodity

Futures Trading Commission charges for repeatedly failing to

correctly report millions of swap transactions, violating a

previous order, the regulator said in a statement on Monday.

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