JPMorgan Chase & Co has agreed to pay $60 million to settle a class-action lawsuit by investors who accused it of intentionally manipulating the prices of precious metals futures and options. The settlement comes in the wake of a U.S. government… Read More ›
futures and options
U.S. Justice Department and CFTC charges 3 banks and 8 individuals with “spoofing” of U.S. futures and commodities market
The series of lawsuits mark the growing trend of the Justice Department holding individuals accountable for their roles in corporate wrongdoings. The U.S. Justice Department along with the Commodity Futures Trading Commission (CFTC) have filed a civil and criminal lawsuits… Read More ›
With the U.S. Stock market at a record height, is a steep correction likely?
The stock market pricing data reveals a pleasant surprise: investors are not all that complacent. With the U.S. stock market touching a record high and with daily stock gyrations nearing their multi-decade lows, a few investors had raised concerns regarding… Read More ›