-
CFTC Charges Nevada Metals Trader with Spoofing in Gold and Silver Markets
The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the District of Nevada against Daniel Shak of Las Vegas, Nevada, charging him with spoofing and engaging in a manipulative and deceptive scheme in the gold and silver futures markets. In its continuing civil litigation, the CFTC seeks, among other relief, civil monetary penalties, disgorgement, trading bans, and a permanent injunction against future violations of the federal commodities laws, as charged. “These charges demonstrate once again that the CFTC will vigorously prosecute to the fullest extent of ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From kitco.com|Aug 5, 2022Recession fears and the ongoing inflation threat prompted retail investors to jump back into the gold market as two major global mints reported increases in their gold and silver ...
-
From fxempire.com|Aug 5, 2022Silver markets have fallen during the trading session on Friday as the jobs number came out much hotter than anticipated, with America adding over 500,000 jobs during the month of ...
-
From bnnbloomberg.ca|Aug 5, 2022Treasuries sank after data showed a booming labor market that might prompt the Federal Reserve to raise rates sharply at its next meeting. The two-year Treasury yield jumped ...
-
- Newer Stories
-
From mining.com|Aug 5, 2022The copper price rose on Friday following a US jobs report that provided both good and bad news for investors. US employers added hundreds of thousands more jobs than expected ...
-
From sprott.com|Aug 5, 2022table As shown in Figure 1, July was a continuation of 2022's wild ride. The spot gold price fell $41.33 (or -2.29%) to close at $1,765.94 for the month. July was particularly ...
- Story Stats
- Posted: Aug 5, 2022 2:55pm
- Submitted by:Category: Entertainment NewsComments: 0 / Views: 70
