SEC secures final judgment against Avalon in market manipulation case
The SEC alleged that Avalon FA Ltd touted itself to traders as a destination to engage in layering, a market manipulation technique.
The SEC alleged that Avalon FA Ltd touted itself to traders as a destination to engage in layering, a market manipulation technique.
The French “blocking statute” prevents the CFTC from obtaining discovery from former HSBC executive Christophe Rivoire.
Securities trader Joseph Taub was sentenced to 18 months in prison over a long-running market manipulation scheme.
UBS Securities insists that the plaintiffs’ demands mean that it would have to produce overbroad trade data associated with other non-parties to the case.