UK Bans Five From Financial Markets Over Rogue Trading
LONDON -- UK market regulators have banned five people from London's financial markets over the collapse two years ago of US futures trading firm Griffin Trading Company as a result of rogue trading.
The collapse caused losses estimated by analysts at around £6 million ($8.7 million) among "local" or independent futures traders in London.
The Securities and Futures Authority (SFA), which regulates members of all London's organised investment markets, said in February it had expelled rogue trader
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