Judge Questions Firm's Trading Strategy In $20M CFTC Trial
By Carmen Germaine ( December 1, 2016, 10:44 PM EST) -- As trial opened Thursday over the U.S. Commodity Futures Trading Commission's allegations that DRW Investments made $20 million by manipulating futures contracts, a New York federal judge seemed skeptical of DRW's claim that its bids on the contracts were legitimate and questioned why the firm would keep bidding if no one was biting....
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