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The CFTC is charging a futures trader and his firm with market manipulation via the E-mini S&P 500, which allegedly set off the Flash Crash in 2010.
The CFTC is bringing enforcement actions against an individual and his firm for allegedly contributing to the May 6, 2010 Flash Crash, according to the regulator. The CFTC complaint charges U.K. resident Navinder Singh Sarao and his firm Nav Sarao Futures Limited PLC with “unlawfully manipulating, attempting to manipulate, and spoofing — all with regard...
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