CME Group Fines Ironbeam for Alleged Rule Violations
CME Group's disciplinary panel ordered Ironbeam to pay a $50,000 fine after the firm failed to maintain adequate procedures to comply with CFTC Regulation 1.25 concentration limits on segregated customer funds held in money market mutual funds.
CME Group's disciplinary panel ordered Ironbeam to pay a $50,000 fine after the firm failed to maintain adequate procedures to comply with CFTC Regulation 1.25 concentration limits on segregated customer funds held in money market mutual funds.
Source: Ironbeam