Ex-JPMorgan traders “ripped off” the metals market, according to jurist
Spoofing was outlawed in 2010 when Congress passed the Dodd-Frank Act. Since then, prosecutors have argued that earlier instances constituted fraud. The three men are accused of using the tactic to manipulate futures on metals such as gold, silver, platinum, and palladium. The jury trial is expected to take around five weeks. Former JPMorgan traders … Read more