Federal law enforcement officials have charged a United Kingdom man with manipulating the stock market and triggering the 2010 “Flash Crash.”
The Federal Bureau of Investigation said Navinder Singh Sarao, 37, was arrested Tuesday in the U.K. and charged with multiple counts of fraud.Prosecutors say Sarao used illegal trading techniques that contributed to an abrupt stock market crash on May 6, […]
Poker News :: Dec 12, 2014 :: Steve RuddockAmaya Gaming Part of AMF Stock Trading ProbeAmaya Gaming, along with two investment firms, are the subjects of a securities probe being conducted by Autorité des Marchés Financiers (AMF) according to Forbes Nathan Vardi.According to Vardi’s report, the AMF along with the Royal Canadian Mounted Police raided Amaya’s Montreal headquarters on Wednesday, […]
The Department of Justice is investigating high-frequency stock trading to see if any of the practices violate insider trading laws, U.S. Attorney General Eric Holder said Friday.Brokerage firms use high-frequency trading to get a jump on their competitors. Powerful computers analyze market information and then execute buy and sell orders for stocks within a fraction of a second.“The Department is […]
