Market Manipulation

Rahman Ravelli argues for US court to drop the spoofing case against their clients

Rahman Ravelli has called on a US federal judge to throw out the Commodity Futures Trading Commission suit against two of their clients.

By Syedur Rahman  10 March 2021

Business crime specialists Rahman Ravelli examines for Fraud Intelligence the Department of Justice’s approach to wire fraud in relation to spoofing

The offence of wire fraud has been used extensively by US federal prosecutors. Rahman Ravelli wrote an article questioning whether applying it to spoofing cases is going too far.

By Syedur Rahman  20 January 2021

Market manipulation comes under the spotlight at international Rahman Ravelli webinar

A panel of legal figures with worldwide expertise came together for a Rahman Ravelli-hosted webinar to assess recent criminal and civil regulatory developments regarding spoofing and other forms of market abuse.

By Syedur Rahman  11 December 2020

Rahman Ravelli to host webinar analysing market manipulation regulation in the US and UK

Rahman Ravelli has compiled an international panel of experts for a webinar that will examine recent criminal and civil regulatory actions against spoofing and other forms of market manipulation. The event, entitled “Market Manipulation – L...

By Syedur Rahman  12 November 2020
2 min read

Financial crime specialists Rahman Ravelli assess the tough approach being taken by the Commodity Futures Trading Commission to allegations of spoofing for Traders Magazine

The Commodity Futures Trading Commission’s (CFTC) September announcement of a record $920 million settlement with JP Morgan for alleged spoofing in US precious metals and Treasury futures markets prompted Rahman Ravelli to examine the CFTC’...

By Syedur Rahman  13 October 2020

Financial crime specialists Rahman Ravelli discusses the US Department of Justice’s approach so far to spoofing in an article for Law360

With only two spoofing cases having gone to criminal trial so far in the US, Rahman Ravelli wrote an article that analysed the Department of Justice’s (DOJ) approach to such cases.

By Syedur Rahman  15 September 2020

An appeals court denied a request by Tom Hayes, a former trader at Citigroup and UBS, to have his conviction for Libor manipulation reviewed by the Supreme Court

Mr. Hayes, who is serving an 11-year sentence, was the first person to go to trial in Britain and be convicted of criminal charges related to the manipulation of the London interbank offered rate.

By Nicola Sharp  17 March 2016

Barclays, HSBC and RBS have been ordered to pay £600m in the US for rigging foreign exchange markets

Reports have indicated that Barclays agreed to pay £250M, HSBC £185M and RBS £165M. French bank BNP Paribas and Goldman Sachs have agreed to pay £161M between them.

By Azizur Rahman  5 November 2015