Three British traders were acquitted of using an online chatroom to fix prices in the $5.1 trillion-a-day foreign exchange market, a blow to global efforts to police the industry. A federal jury in New York rejected the U.S. claim that Richard Usher, Rohan Ramchandani and Christopher Ashton, a group known as "The Cartel," rigged the market from 2007 to 2013 by coordinating trades and manipulating prices on the spot exchange rate for euros and U.S. dollars. They wept in relief as the verdict was handed down Friday in Manhattan federal court, after the jury deliberated for about half a day. “This is a signal to all ... (full story)