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A New Twist On An Old Investigation? FX Options Brokers Still Under Scrutiny
In November last year Profit & Loss reported on an investigation by New York Attorney General Eric Schneiderman into practices and conduct on the FX options desks of three major inter-dealer brokers. Now, according to a report, that investigation is not only ongoing, but it has broadened beyond the original "spoofing" or "flying" of fake bids and offers, into a look at the what may be the inappropriate sharing of market information and the rigging or influencing of market auctions.

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