Briefings
Week InReview: September 7, 2018
- By: admin
- On: 09/07/2018 09:42:12
- In: 2018 Briefings
The government's new strategy to crack down on 'spoofing'
The U.S. government has changed its approach in pursuing spoofing cases by charging traders under a wire fraud statute, rather than using the Dodd-Frank Act, to have more time to build a case. But proving fraud, rather than spoofing, requires more evidence, and that might give traders incentive to continue aggressive trading. (The New York Times | Sep 4)
The U.S. government has changed its approach in pursuing spoofing cases by charging traders under a wire fraud statute, rather than using the Dodd-Frank Act, to have more time to build a case. But proving fraud, rather than spoofing, requires more evidence, and that might give traders incentive to continue aggressive trading. (The New York Times | Sep 4)
Read entire Week InReview: September 7, 2018