The charges relate to deficiencies of record keeping for the FY 2009-2012.

The U.S. Commodity Futures Trading Commission has stated that it has ordered Barclays Bank PLC to pay $500,000 as settlement charges for deficiencies related to record-keeping.

The agency further stated that as part of the settlement, Barclays will be required to cease and desist from committing further violations of the CFTC rules.

The deficiencies detected by the regulator relates to financial year extending from 2009 to 2012.

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