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CFTC insists ex-UBS trader knowingly engaged in “spoofing”

“The CFTC Complaint details nine specific examples that are illustrative of the pattern described above” reports financefeeds.com. Less than a month after ex-UBS precious metals trader Andre Flotron filed a motion to dismiss the “spoofing” case against him, the Commodity Futures Trading Commission (CFTC) has sought to nix his objections.Let’s recall that the CFTC alleges that Andre Flotron engaged in a five-year manipulative and deceptive scheme to trick other traders in the precious metals futures market.
 
Source: financefeeds.com



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