Thu, Oct 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Regulatory, Trading more

Commodity regulator says trader caused $118 mln loss

Posted on 09 November 2012

A commodities trader was accused in a lawsuit by U.S. regulators of concealing the size of his positions in violation of anti-fraud laws and causing losses of $118 million.
The trader, Matthew Marshall Taylor, in 2007 fabricated trades in a New York-based futures commission merchant’s internal system and obstructed his employer’s discovery of his position, risk and profits and losses, the U.S. Commodity Futures Trading Commission said in a complaint today in federal court in New York………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 37608 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031