Trader Found Guilty Of Commodity Fraud And 'Spoofing'

Trader Found Guilty Of Commodity Fraud And 'Spoofing'

In the U.S.’s first prosecution of the manipulative practice, trader Michael Coscia was accused of placing large futures market orders but not executing them to create demand for his smaller trades.

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Source: NPR
Trader Found Guilty Of Commodity Fraud And 'Spoofing'

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