CIBC, SEC and CFTC
CIBC settles with U.S. regulators over record-keeping violations
Canadian Imperial Bank of Commerce has become the last of Canada’s largest banks to face a multimillion-dollar penalty from U.S. regulators over employees’ use of unapproved communication methods. CIBC will pay US$30-million to the Commodity Futures Trading Commission and US$12-million to the Securities and Exchange Commission,
SEC, CFTC Charge CIBC With Record-Keeping Penalties
Canadian Imperial Bank of Commerce (CM) was charged with penalties by the Securities and Exchange Commission, and the Commodity
CIBC Hit With Record-Keeping Penalties in U.S. From CFTC, SEC
The CFTC order imposes a $30 million civil monetary penalty and orders CIBC to cease and desist from further violations of record-keeping and supervision requirements. The commission said it also was ordering CIBC, which admitted the facts in the order, to engage in specific remedial undertakings.
Wall St Firms to Pay Combined $100 Million for Record-Keeping Violations
(Reuters) - Eleven broker-dealers and investment advisers have agreed to pay fines of more than $88 million to resolve allegations they failed to keep proper records of electronic communications, U.S. regulators' latest in a series of such enforcement actions, the U.S. Securities and Exchange Commission announced Tuesday.
CIBC paying US$42 million for U.S. records-keeping violations
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Two Canadian firms will pay millions to US SEC in settlement
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CIBC, Canaccord get knuckles rapped by CFTC, SEC
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CFTC orders Canadian Imperial Bank of Commerce to pay $30 million -statement
The Commodity Futures Trading Commission on Tuesday ordered the Canadian Imperial Bank of Commerce to pay $30 million for ...