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U.S. CFTC orders Wells Fargo to pay $14 million over unfair foreign exchange trade

The U.S. Commodity Futures Trading Commission ordered Wells Fargo & Co to pay more than $14 million to settle charges it provided "misinformation" when conducting a large foreign exchange trade with a counterparty, the agency said in a statement on Friday. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: foreign, trade, exchange, million, Wells, Fargo, Futures, Commodity, unfair, orders, Trading, Commission, large, counterparty, agency, statement, conducting, "misinformation", ordered, settle, charges, provided

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/Mwv2ayHpwDA/u-s-cftc-orders-wells-fargo-to-pay-14-million-over-unfair-foreign-exchange-trade-idUSKBN1XI227

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