April 08, 2022
An Illinois federal judge on Thursday signed off on a consent order against two former Deutsche Bank metals traders that includes a $150,000 fine and a five-year ban from trading after the Commodity Futures Trading Commission accused them of placing fake orders to move futures prices in their favor.
November 09, 2021
Two former Deutsche Bank traders who have been convicted of spoofing the precious metals market have urged an Illinois federal judge to dismiss the Commodity Futures Trading Commission's parallel civil case, saying most of its claims are untimely because it delayed filing until the criminal charges were announced.
January 26, 2018
The Commodity Futures Trading Commission on Friday sued a pair of former Deutsche Bank AG traders for allegedly engaging in manipulative trading or "spoofing" in the market for precious metals futures, as the U.S. government continues its crackdown on the practice.