Libor Settlements Said to Ease CFTC’s Path in Rate-Swaps Probe

Libor Settlements Said to Ease CFTC’s Path in Rate-Swaps Probe

Simon Dawson/Bloomberg

Terry Farr, a former broker at RP Martin Holdings Ltd., right, leaves in a taxi after appearing at Westminster Magistrates Court in London on July 19, 2013. Two former RP Martin Holdings Ltd. employees, Farr, and James Gilmour, who became the first brokers to face prosecution in the global probe of manipulation of the London interbank offered rate made their first appearance in a London courtroom.