NFA | Enforcement Actions Against Interbank FX LLC on October 15, 2013.

Case Summary

INTERBANK FX LLC NFA 13BCC00023 NFA ID: 0326091 Respondent/Effective Date Summary  NFA ID Respondent Effective Date  0326091 INTERBANK FX LLC 10/30/2013 Rule Summary  NFA ID Respondent Rule Type  0326091 INTERBANK FX LLC • C.R.2-48 - FDM DAILY TRADE DATA REPORTS • C.R.2-10 - RECORDKEEPING FCMS/IBS Committee Summary  NFA ID Respondent Committee  0326091 INTERBANK FX LLC • BUSINESS CONDUCT COMMITTEE Action Summary  NFA ID Respondent Action Types  0326091 INTERBANK FX LLC • GENERAL CONDUCT Penalty/Event Summary  NFA ID Respondent Penalty/Event Event Date  0326091 INTERBANK FX LLC • FINE $600000 10/15/2013 Narrative Summary Narrative for 0326091 - INTERBANK FX LLC **TO VIEW DOCUMENTS, GO TO CASE DOCUMENTS.** COMPLAINT: On October 15, 2013, NFA issued a Complaint charging Interbank with failing to maintain complete and accurate records and failing to timely report trade data and other required information to NFA. DECISION: On October 15, 2013, pursuant to a settlement offer submitted by Interbank, the firm was ordered to pay a $600,000 fine. Case Documents Summary  NFA ID Respondent Document Type  0326091 INTERBANK FX LLC COMPLAINT  0326091 INTERBANK FX LLC DECISION