A federal jury in the Northern District of Illinois recently found two former precious metals traders at JPMorgan Chase & Co., guilty of fraud, attempted price manipulation, and spoofing via a precious metals futures contracts scheme that occurred over an eight-year period and encompassed “thousands of unlawful trading sequences,” authorities say. The two, now-convicted, ex-traders… Read More >>
Broker Pleads Guilty to ‘Pump & Dump’ Scheme
Michael Morris, a registered broker and managing director of New York-based Halcyon Cabot Partners, Ltd., has pled guilty in Brooklyn federal court to one count of conspiracy to commit securities fraud for his participation in a 2013 $86 million market manipulation scheme involving the publicly traded company CodeSmart Holdings, Inc. Morris faces a maximum of… Read More >>
