Spoofing charges dropped against Chicago software developer for program used in trading fraud scheme
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 ...
Two former JPMorgan traders in the United States were recently sentenced to jail, one for two years and the other for one year, for what has been referred to as a “prolific” spoofing case in the ...
(Bloomberg) — A former computer programmer for a high- speed trading firm told jurors he received detailed guidance on developing trading algorithms that prosecutors say led to illegal spoofing by ...
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 ...
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 ...
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 ...
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