DOJ urges Court to uphold wire fraud convictions of ex-Deutsche Bank traders
Cedric Chanu and James Vorley allegedly manipulated the gold and silver futures market by placing large visible “spoof” orders.
spoofing
CFTC secures Court order against Slovakian trader accused of spoofing
The CFTC has secured a Court order against Roman Banoczay, Jr., Roman Banoczay, Sr., and BAZUR spol. S.R.O.
FINRA suspends ex-Merrill Lynch trader for facilitating spoofing
Tyler J.Forbes failed to observe high standards of commercial honor and just and equitable principles of trade by facilitating 194 instances of “spoofing.”
Former Deutsche Bank traders push against prison sentences
Former Deutsche Bank traders James Vorley and Cedric Chanu, convicted of spoofing, seek sentences of time served.
Russian c-bank to add spoofing to list of market manipulation activities
The Central Bank of Russia is expanding the list of market manipulation activities, to include spoofing and layering.
SpeedRoute to pay $310,000 fine for failure to identify potentially manipulative activity
SpeedRoute has failed to establish a supervisory system, reasonably designed to achieve compliance with rules prohibiting manipulative activity.
ARB Trading Group hit with fine for commodities Spoofing
This action is the first brought in parallel with both ICE and CME Group Inc., which owns and operates CME, COMEX, and CBOT.
Bank of Nova Scotia hit with $127 million in fines for Spoofing and Compliance issues
The DoJ also announced a Deferred Prosecution Agreement with BNS, deferring criminal prosecution on charges of price manipulation and wire fraud.
Deutsche Bank fined $10M settling US spoofing and data reporting violations
US derivatives markets regulator The Commodity Futures Trading Commission (CFTC) has announced the settlement of two enforcement matters involving Deutsche […]
