CME fines trader for violating wash trades prohibition
International derivatives marketplace CME Group has imposed a fine of $15,000 on Lewis Langston for violating wash trades prohibition.
wash trades
Finfluencer Gabriel Govinda gets prison sentence for market manipulation
Gabriel Govinda (known online as ‘Fibonarchery’) has been sentenced to two and a half years imprisonment.
Marex Spectron International to pay $50k fine after traders violate CME wash trades prohibition
In accordance with a settlement offer, CME ordered Marex to pay a fine in the amount of $50,000.
CME fines Shay Capital for alleged rule violations
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.
CME fines, suspends trader for wash trades
Chia-Chun Lin executed numerous wash trades in the April 2021 Platinum Futures market between accounts with common beneficial ownership.
Dubai / Hong Kong trading firms hit with fines for Wash Trades
The order requires Bansal, Agarwal, Aralia, and Vintage jointly and severally to pay a $100,000 civil monetary penalty.
CME fines Bank of America for violation of wash trades prohibition
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.
CME suspends trader for wash trades
Tujun Hong will have to serve a five-year suspension from access to any trading floor owned or controlled by CME Group.
SEC goes after traders who executed thousands of “wash trades”
The SEC accuses Suyun Gu and Yong Lee of perpetrating a fraudulent options-trading through thousands of “wash trades”.
CME fines Banca Sella as its traders violate Exchange rules
Banca Patrimoni Sella & C SpA has agreed to pay a fine for failure to diligently supervise its employees, who broke CME’s rules.
