Convicted Flash Crash Trader Helping US Authorities Combat Market Spoofing

Published: 31/01/2018
Convicted Flash Crash Trader Helping US Authorities Combat Market Spoofing
Source: COMPLIANCEX.COM

Each year, regulatory groups face growing challenges to help police against market abuse. In 2018, US prosecutors have relied on an unlikely source to help give them an edge against market spoofing, namely Navinder Sarao, a UK day trader found guilty of spoofing stock index futures. He has been instrumental in helping US authorities crack down on this form of abuse. Sarao was accused of involvemen

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