CFTC Files Complaint Against Deutsche Bank Alleging Swap Data Reporting Violations | Practical Law
The CFTC filed a complaint against Deutsche Bank alleging multiple swap reporting violations, an inadequate business continuity and disaster recovery plan, supervision failures, and violation of a prior CFTC order. In addition, the CFTC and Deutsche Bank filed a joint motion for appointment of a monitor to supervise Deutsche Bank's compliance with CFTC reporting obligations.