CFTC accused 3 Red of spoofing between December 2011 and January 2014
The Commodity Futures
Trading Commission (CFTC) has charged Chicago prop trading firm
3 Red Trading with spoofing, marking the latest case by the
regulator as it looks to use its post Dodd-Frank powers to
crack down on the practice.
The CFTC has accused 3
Red and its principal Igor Oystacher of spoofing
the market on at least 51 trading days between December 2011
and January 2014, while trading E-Mini S&P 500, Copper,
Crude Oil, Natural Gas, and VIX Futures Contracts.
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