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CFTC Orders Paris-Based Société Générale SA to Pay a $450,000 Penalty for Failing to Timely Report Swap Transactions

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The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Société Générale SA for failing to properly report certain non-deliverable forward transactions to a swap data repository, and failing to timely report to an SDR a large number of FX swap, FX forward, and non-deliverable forward transactions.



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