7th Circuit upholds traders' convictions in futures 'spoofing' suit | Secondary Sources | Westlaw

7th Circuit upholds traders' convictions in futures 'spoofing' suit | Secondary Sources | Westlaw

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7th Circuit upholds traders' convictions in futures 'spoofing' suit

2023 SECDBRF 0248By Nicole BanasWESTLAW Securities Enforcement & Litigation Daily Briefing (Approx. 3 pages)

7th Circuit upholds traders' convictions in futures 'spoofing' suit

2023 SECDBRF 0248By Nicole BanasWESTLAW Securities Enforcement & Litigation Daily Briefing (Approx. 3 pages)

7th Circuit upholds traders' convictions in futures 'spoofing' suit

(October 25, 2023) - Two former metals traders at Bank of America Merrill Lynch have failed to persuade a federal appeals court to reverse their convictions for wire fraud in connection with a "spoofing" scheme to manipulate futures prices.
United...

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Article: Judge won't disturb jury verdict against futures traders 2022 SECDBRF 0175
Date: August 24, 2022
Two former metals traders at Bank of America Corp. have lost their bid for a judgment of acquittal or a new trial after a jury convicted them of criminal wire fraud in connection with a six-year futures "spoofing" scheme.
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