Last year, during a crackdown on spoofing — a form of high-speed computer trading fraud — federal prosecutors charged a Chicago software developer with creating a program that helped a rogue trader ...
Oct. 2 (Bloomberg) — A high-frequency trader was indicted for spoofing, the placing and immediate canceling of orders to manipulate commodities markets, in what the U.S. Justice Department says is the ...
The Commodity Futures Trading Commission has brought to a close its civil enforcement action against former JPMorgan precious ...
(Bloomberg) — The first high-speed trader charged with a method of market manipulation known as spoofing lost a bid to dismiss the case based on an argument the new law is too vague to be enforced.
CHICAGO (Reuters) – A U.S. judge sentenced futures trader Michael Coscia to three years in prison on Wednesday, a lighter punishment than prosecutors had sought for the first person criminally ...
A recent prosecution for spoofing in the U.S. Treasuries market (USA vs. Natwest Markets) shows that spoofing in the Fixed Income markets looks very similar to Spoofing in other exchange-traded asset ...
Regulators have been busy. Organizations such as SMBC Nikko, JP Morgan, Atlantic Trading, Natwest, and Robinhood have all recently incurred one or more significant fines, reputational damage and ...
The CFTC recently released its annual Enforcement Report, which highlighted a number of notable 113 enforcement actions. Unsurprisingly, there was also a record number of spoofing fines. Spoofing is ...