Market manipulation
Isda’s CDS fix draws murmurs of dissent
Proposed changes don’t go far enough for some; others say it will block legitimate activity
Isda seeks consensus on CDS clean-up
Credit definitions amendments expected in Q1 to stamp out manipulated triggers
Measuring latent risk preferences: minimizing measurement biases
In this paper, the author uses a unique data set, containing the revealed risk preferences of 9235 subjects, elicited with four different methods, to estimate latent risk preferences.
Key South African rate ‘bears no relation’ to market
Jibar based on product that rarely traded during two-year period, says central bank official
CFTC puts new spin on spoofing cases
Charges may be brought under regulation 166.3 in cases where intent is hard to prove
CFTC probed CDS market under last enforcement head
Goelman compares manufactured payouts to match-fixing, and says CFTC has jurisdiction to bring case
Bank scandals suggest cultural problems are industry-wide
Libor-rigging and similar misconduct across multiple firms may be the result of 'macro-cultures'
Commodity firms aim to tighten up on spoofing
Citigroup fine and CFTC comments put market on alert
Ferc manipulation definitions raise compliance fears
‘Vague’ anti-manipulation standards a source of frustration for energy firms
OCC fines Usher and Ramchandani $5m each in FX ‘Cartel’ probe
Former traders were indicted by the DoJ for the same offences
Intesa Sanpaolo takes $235 million hit for AML failures
Megan van Ooyen from SAS rounds up the top five operational risk losses for December 2016
US indicts three in forex rigging probe
Accused UK-based traders face maximum 10 years in prison and $1m in fines
Why did the crisis cause such large op risk losses?
Huge losses from the 2008 crisis can be seen as a short option position
CFTC flexes muscles in Kraft, DRW cases
Agency pushes for broader definition of market manipulation in parallel legal battles
AIG hit by $230 million settlement over MedPartners
Megan van Ooyen from SAS rounds up the top five op risk losses for August
CFTC has ‘incredible view’ into markets – surveillance chief
Ex-trader Hunter sheds light on agency’s monitoring and forensic analysis capabilities
Ex-HSBC trader faces extradition to US
DoJ plans US charges for Scott over forex frontrunning
CFTC proposal would unleash flood of lawsuits, firms say
Industry blasts proposal to allow private manipulation suits in US electricity markets
Best market surveillance product: Ancoa
The London-based provider has applied itself to the specificities of fixed-income, currencies and commodities over the past year
Trade surveillance slow to catch on at energy firms
Even as EU Market Abuse Regulation kicks in, few companies have systems to flag suspect trades
CFTC top cop ramps up use of anti-manipulation rule
Agency’s new authority under Dodd-Frank is "very promising", Goelman says
Forex market to adopt global code of conduct by end-Q3
Participants excited about conduct guidance, but say firms' internal behaviour will ultimately create change
Post-Libor squeeze could stifle benchmarks, industry warns
Obligations set to mushroom for administrators and contributors
New EU market abuse rules worry energy traders
Ban on insider trading in commodities seen as “very tricky”