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CFTC Orders Newedge USA to Pay $700,000 For Inaccurate Large Trader Reports

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The U.S. Commodity Futures Trading Commission (CFTC) has announced that it entered an order requiring Newedge USA, LLC (Newedge) to pay a $700,000 civil monetary penalty for submitting inaccurate large trader reports to the CFTC and for violating a February 7, 2011, CFTC order directing Newedge to improve the accuracy and timeliness of its large trader reporting.

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