ICE reported inaccurate data over a 20-month period despite CFTC warnings.
ICE Futures US, the
Intercontinental Exchange (ICE) subsidiary, has been fined $3
million by the top US regulator for failing to meet the
regulatory reporting requirements, by repeatedly submitting
inaccurate reports and data.
The Commodity Futures
Trading Commission (CFTC) said the futures exchange had
submitted inaccurate data for "on every reporting day" over a
20-month period from October 2012 to May 2014.
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