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Ex-UBS Trader Acquitted Of Spoofing Scheme

Law360 (April 25, 2018, 11:13 AM EDT) -- A New Haven federal jury on Wednesday acquitted a former UBS trader accused of scheming to manipulate the precious metals futures market with “spoofing,” a trading tactic that involves the use of allegedly deceptive bids or offers to feign the appearance of supply or demand.

A former UBS trader has been acquitted of charges that he conspired to commit commodities fraud through a spoofing scheme. (AP) Andre Flotron, 54, faced one count of conspiracy to commit commodities fraud for allegedly plotting with others to enrich themselves and UBS...
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September 26, 2017

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