CME fines BBVA Asset Management for alleged violations of wash trades prohibition
BBVA AM will pay a fine of $25,000 as a part of a settlement with international derivatives marketplace CME Group.
BBVA AM will pay a fine of $25,000 as a part of a settlement with international derivatives marketplace CME Group.
International derivatives marketplace CME Group has imposed a fine of $15,000 on Lewis Langston for violating wash trades prohibition.
Gabriel Govinda (known online as ‘Fibonarchery’) has been sentenced to two and a half years imprisonment.
In accordance with a settlement offer, CME ordered Marex to pay a fine in the amount of $50,000.
A trader entered buy and sell orders in E-mini S&P 500 futures that matched between two Shay Capital accounts with common beneficial ownership.
Chia-Chun Lin executed numerous wash trades in the April 2021 Platinum Futures market between accounts with common beneficial ownership.
The order requires Bansal, Agarwal, Aralia, and Vintage jointly and severally to pay a $100,000 civil monetary penalty.
Bank of America NA has agreed to pay a fine as a part of an offer of settlement related to alleged violations of CBOT rules.
Tujun Hong will have to serve a five-year suspension from access to any trading floor owned or controlled by CME Group.
The SEC accuses Suyun Gu and Yong Lee of perpetrating a fraudulent options-trading through thousands of “wash trades”.