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CFTC, former Deutsche Bank traders discuss resolution of spoofing case

From fxnewsgroup.com

The United States Commodity Futures Trading Commission (CFTC) may be approaching a resolution of its case against former Deutsche Bank traders James Vorley and Cedric Chanu. According to a status report filed by the CFTC at the Illinois Northern District Court on July 9, 2021, the parties are in talks to settle the matter. The document, seen by FX News Group, states that the CFTC’s Division of Enforcement and counsel for defendants Vorley and Chanu have been engaged in good faith discussions regarding a potential resolution of the matter. To avoid the unnecessary expenditure of Court and party resources, the parties ... (full story)

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