Topic: Spoofing

“Banging the Close”? “Spoofing”? Call It What You Want – It’s Illegal And The CFTC Will Catch You…

Earlier this month, the Commodity Futures Trading Commission sued Donald Wilson and his company, DRW Investments, for manipulating the IDEX USD Three-Month Interest Rate Swap Futures Contract, using two methods known as “banging the close” and “spoofing.” Attorney Felix Shipkevich of Shipkevich PLLC explains: “The CFTC defines ‘banging the close’ as: a manipulative or disruptive trading… Read more »

JD Supra Corporate Brief: Electronic Discovery, Steven Cohen, Joint Ventures, Spoofing Cheetah

Yes, it’s Monday. But a good cup of coffee, a blueberry scone, and the JD Supra Corporate Brief can help… Who should pay the costs of electronic discovery? It depends on where you ask… (Cullen and Dykman) Interesting perspective on the charges against Steven Cohen from a former staff attorney at the SEC… (Brooks Pierce)… Read more »