The Department of Justice raised the stakes in spoofing enforcement actions by including racketeering charges in an indictment filed last week alleging spoofing by three traders over many years. The Commodity Futures Trading...more
9/24/2019
/ Broker-Dealer ,
CFTC ,
Code of Conduct ,
Commodity Futures Contracts ,
Criminal Convictions ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Financial Institutions ,
Indictments ,
Initial Coin Offering (ICOs) ,
Price Manipulation ,
Racketeering ,
RICO ,
Securities and Exchange Commission (SEC) ,
Spoofing ,
Unfair or Deceptive Trade Practices ,
Volcker Rule
Last week the Securities and Exchange Commission filed an enforcement action against nine defendants related to its 2017 discovery that its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system used for receiving...more
1/23/2019
/ Canada ,
CPOs ,
Criminal Convictions ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Digital Assets ,
Dodd-Frank ,
EDGAR ,
Enforcement Actions ,
Hackers ,
Indictments ,
Insider Trading ,
Securities and Exchange Commission (SEC) ,
Spoofing
Last week, the chairmen of the Commodity Futures Trading Commission and the Securities and Exchange Commission provided their insight into the risks of cryptocurrency activities before a Senate committee. During his...more
Former Portfolio Manager’s Conviction for Insider Trading Upheld by Federal Appeals Court Despite Same Court’s Prior Contrary Reasoning:
Last week, a three-judge panel of the federal appeals court in New York upheld the...more
Trader’s Spoofing Conviction and Sentence Upheld by Federal Appeals Court: Last week, a three-judge Federal Court of Appeals panel in Chicago unanimously upheld Michael Coscia’s criminal conviction and sentencing for...more
Yesterday, Michael Coscia’s criminal conviction and sentencing for spoofing was unanimously upheld by a three-judge Federal Court of Appeals panel in Chicago, Illinois....more