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Former JPMorgan traders plead not guilty in spoofing case

From fxnewsgroup.com

About a week after the United States Department of Justice (DOJ) filed the Second Superseding Indictment in the criminal proceedings targeting former JPMorgan traders Gregg Smith, Michael Nowak, Christopher Jordan, and Jeffrey Ruffo, two of the defendants have entered their pleas. The Second Superseding Indictment was filed in the Court on November 16, 2021. It charges the traders with: Conspiracy to conduct or participate in an enterprise engaged in a pattern of racketeering activity; Conspiracy to commit price manipulation, wire fraud affecting a financial institution, commodities fraud and spoofing; Attempted ... (full story)

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