Libor Criminal Probe, CFTC Exemptions, Canada: Compliance
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The U.K. Serious Fraud Office opened a criminal probe into the attempted rigging of interest rates that led to a record fine against Barclays Plc, adding to pressure on banks already under investigation by regulators around the globe.
SFO Director David Green said he had decided to “accept the Libor matter for investigation” in an e-mailed statement July 6.