Violation Tracker Individual Record

Company: 
Cargill Inc.
Current Parent Company: 
Cargill
Penalty: 
$10,000,000
Year: 
2017
Date: 
November 6, 2017
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
securities issuance or trading violation
Violation Description: 

The Commodity Futures Trading Commission announced the filing and simultaneous settlement of charges against Cargill, Inc. for providing mid-market marks that concealed from counterparties and its swap data repository (SDR) its full mark-up on certain swaps, in violation of the Commodity Exchange Act and Commission Regulations.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Minnesota
Ownership Structure of Parent: 
privately held
Major Industry of Parent: 
agribusiness
Specific Industry of Parent: 
agribusiness
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.