December 08, 2023
The Commodity Futures Trading Commission urged an Illinois federal judge this week to lift a stay on its lawsuit accusing two convicted former JPMorgan Chase precious metals traders of manipulating commodities markets, saying the agency's civil case should move forward now that the pair has been convicted in parallel criminal proceedings, regardless of the traders' plans to appeal.
November 27, 2023
A convicted pair of former JPMorgan Chase precious metals traders have asked an Illinois federal judge to continue a stay on a parallel Commodity Futures Trading Commission action against them, arguing that the CFTC is trying to rush judgments before appeals on their criminal convictions can be heard.
September 16, 2019
One former and two current traders at JPMorgan Chase have been charged with racketeering conspiracy for an alleged eight-year scheme to manipulate the commodities markets, marking the most severe charges to come out of the U.S. Department of Justice's spoofing probe to date.