November 19, 2018
Two former Merrill Lynch traders who were indicted this summer on allegations that they ran a yearslong scheme to "spoof" the precious metals futures market told an Illinois federal judge on Friday that the government's case rests on the "fallacy" that spoofing is a form of fraud.
July 31, 2018
Two former Merrill Lynch traders who were indicted earlier this month on charges that they ran a yearslong scheme to "spoof" the precious metals futures market pled not guilty to the government's allegations in Illinois federal court on Tuesday.
July 18, 2018
Two former Merrill Lynch traders were indicted Tuesday on charges they ran a yearslong scheme to manipulate the precious metals futures market through criminal trades known as "spoofing" while working at the bank and other financial institutions.
January 29, 2018
Global banking giants Deutsche Bank, UBS and HSBC agreed to pay a combined $46.6 million Monday to settle separate civil allegations by U.S. commodities regulators that their traders engaged in an illegal practice known as spoofing in an effort to manipulate precious metals markets.