Our regular roundup of the latest news and developments from the FCA.
Market manipulation
The AFM said the investor’s conduct posed a risk to the integrity of the financial markets and gave it solid grounds for imposing a penalty.
Proposed market reform of energy futures contracts raises the question of whether oil can be traded like bitcoin.
A Google software engineer allegedly used confidential search data to make around $1.2m on “near-perfect” search term predictions.
ACER backs NRA enforcement of REMIT and demands better surveillance from traders.
A discussion on whether placing a bet on inside information constitutes “cheating” and the related issue of market manipulation.
The agency signaled that it intends to rely less on enforcement to define policy and more on clear, workable rules to reduce regulatory complexity and improve coordination across regulators.
CFTC leaders say the agency is narrowing, not weakening, its enforcement focus.