CFTC is preparing to levy fines against firms accused of rigging currency benchmark rates.
By Silla Brush, Bloomberg|November 11, 2014 at 09:13 AM|Originally published on Treasuryandrisk.Com
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Banks suspected of rigging the US$5.3 trillion-a-day currency market are preparing to reach settlements as early as this week with the main U.S. derivatives regulator, according to a person with knowledge of the cases.