News broke recently that Barclays has suspended six traders in an internal probe looking at whether its employees were rigging the foreign exchange market. There's also RBS, who emailed clients Wednesday to essentially say, Yikes, we're going to go ahead and take a look at what our traders are doing in the minutes before rates are set. Regulators in the U.S., Asia, and U.K. have all opened investigations, with multiple banks implicated. Even JP Morgan, already very much in the penalty box, has said that various regulators are prying into their currency trading practices. Here we go again! This particular rigging saga ... (full story)