Regulatory Alerts2017-01-23 | 2017-00488Added · Updated
Annual Adjustment of Civil Monetary Penalties for Inflation-2017
The Commodity Futures Trading Commission amends its regulations to adjust the maximum civil monetary penalties for violations of the Commodity Exchange Act for inflation. This interim final rule implements the Federal Civil Penalties Inflation Adjustment Act by applying a cost-of-living adjustment based on the October Consumer Price Index to penalty amounts effective for proceedings initiated on or after January 15, 2017. The updated maximum penalties range from $154,734 for general violations to $1,116,156 for manipulation violations, ensuring the deterrent effect of the penalties is maintained.
More like this from CFTC
CFTC published 2 documents in the last 30 days. We email you each new one the day it's published.
Share