Tag: John Edmonds

US Charges Former JPM Traders with Spoofing

The US Department of Justice and Commodity Futures Trading Commission (CFTC) have charged five traders with spoofing and market manipulation offences in precious metals. Gregg Smith, Michael Nowak and Christopher Jordan were all charged for their alleged participation in a racketeering conspiracy and other federal crimes in connection with what the authorities claim was the […]

Two Precious Metals Traders Plead Guilty to Spoofing Charges

Two bank precious metals traders have pleaded guilty to spoofing charges brought by US authorities. Former JP Morgan trader John Edmonds and former Scotia Capital trader Corey Flaum both entered into cooperation agreements with the US government and admitted to spoofing and manipulative conduct in futures markets. Flaum also admitted guilt to a related US […]