Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Cargill Inc.
Current Parent Company: Cargill
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $750,000
Year: 2021
Date: September 30, 2021
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: financial institution supervision failures
Violation Description: The Commodity Futures Trading Commission issued an order simultaneously filing and settling charges against Cargill Inc., a provisionally registered swap dealer doing business through its Cargill Risk Management business unit, for failing to comply with its reporting obligations as a swap dealer and failing to supervise its reporting obligations adequately. The order requires Cargill to pay a $750,000 civil monetary penalty and to cease and desist from any further violations of the Commodity Exchange Act or CFTC regulations, as charged.
Level of Government: federal
Action Type: agency action
Agency: Commodity Futures Trading Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Minnesota
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: agribusiness
Specific Industry of Current Parent: agribusiness
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.