Federal Charges Filed in Price ‘Spoofing’ Inquiry on Wall St.
New York Times, 29 January 2018
Federal authorities have filed civil and criminal charges against a group of Wall Street banks and individuals that they say tried to manipulate markets in gold, silver and certain financial products, including by showing potential customers fake prices.
The actions, filed over the past several days, are part of a yearslong effort by financial regulators and the Department of Justice to stamp out behavior that gives the biggest banks an advantage over smaller market players.
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U.S. charges SAC Capital with insider trading crimes
Emily Flitter, Svea Herbst-Bayliss, Jonathan Stempel, 25 July 2013
U.S. prosecutors indicted billionaire Steven A. Cohen’s hedge fund for insider trading, a rare move that could end the career of one of Wall Street’s most successful investors and trigger a fundamental change in how traders try to gain an edge over rivals. Continue reading “Article: U.S. charges SAC Capital with insider trading crimes”