• News
  • SAN DIEGO
  • General

UBS Was ‘Bad Actor’ Taking Advantage of Frozen Market: Gensler

Dec. 19 (Bloomberg) -- UBS AG’s $1.5 billion fine to U.S. and European regulators for rigging global interest rates is a “blatant example” of the problems with benchmarks not tied market trades, said Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission.

To continue reading, subscribe now
or
log in to your account
User Response
0 UserComments
Subscribe Today!