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CFTC faces discovery issues in case against former HSBC exec
The United States Commodity Futures Trading Commission (CFTC) may have to resort to international diplomacy if it wants to secure documents it seeks from former HSBC executive Christophe Rivoire, who is accused of manipulation and fraud in connection with swaps related to a bond issuance. This becomes clear from a joint letter filed by the CFTC and Rivoire on January 15, 2021, with the New York Southern District Court. The letter, seen by FX News Group, says that the CFTC may be unable to get any more of the information it seeks from Rivoire, a French national, in this case, due to the so-called “blocking ... (full story)