History Of Alleged Financial Sector Collusion: Part 2

Law360, New York (April 24, 2014, 1:46 PM ET) -- In yesterday’s column we explored allegations of collusion among financial institutions beginning with the Nasdaq spread cases in the late 1990s, the municipal bond reinvestment cases beginning in 2008, and the more recent Libor benchmark investigations and cases.

Today, we look at allegations of collusion among financial institutions involving foreign-exchange rates, and then extract 11 lessons from the cases as a whole, including practical steps firms, and in some cases regulators, may wish to consider to reduce the risk of similar problems in the future....
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