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Midweek Roundup: U.S. Investigates Money Laundering at Cantor Affiliate, Deutsche Boerse Faces OFAC Fine, and More
printFederal and state authorities are investigating Cantor Gaming, an affiliate of bond firm Cantor Fitzgerald LP, as part of a money laundering probe, The Wall Street Journal reported, citing individuals familiar with the matter. Cantor Gaming's former director of risk management pleaded guilty in August to accepting illegal bets. More German exchange operator Deutsche Boerse AG disclosed on Monday that it faces a potential $168 million fine by the U.S. Office of Foreign Assets Control for Iran sanctions violations. The penalty, which could be reduced by 10 percent, stems from the maintenance of an omnibus account in the United States...
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