Showing posts with label market rigging. Show all posts
Showing posts with label market rigging. Show all posts

Saturday 13 February 2021

GameStop trading frenzy being probed for misconduct


The trading frenzy that saw unexpected surges in GameStop, AMC and other stocks has now got the attention of federal regulators who are now investigating the rally for market manipulation or other misconduct, The Wall Street Journal reported on Tuesday (Feb. 11), citing sources.

More details from this PAYMNTS. com post - READ HERE

 

Saturday 19 September 2015

It looks like banks might have rigged another huge market



From Business Insider –

“The market for US Treasury bonds may have been rigged.

That’s according to a federal antitrust lawsuit, first reported by Bloomberg's Alexandra Scaggs and Matthew Leising.

The plaintiffs — Cleveland Bakers and Teamsters Pension Fund, represented by law firm Quinn Emmanuel Urquhart & Sullivan — claim that Treasury dealers including Goldman Sachs, JPMorgan, and Morgan Stanley coordinated to manipulate primary market Treasury auctions.”

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