Spoofing

The CFTC accuses precious metals traders Michael Thomas Nowak, of New Jersey, and Gregg Francis Smith, of New York, of <a href="http://www.courthousenews.com/wp-content/uploads/2019/09/Spoofing.pdf"><strong>manipulating commodities markets</strong></a> by placing “thousands” of orders with the intention to cancel them, in federal court.

CHICAGO — The CFTC accuses precious metals traders Michael Thomas Nowak, of New Jersey, and Gregg Francis Smith, of New York, of manipulating commodities markets by placing “thousands” of orders with the intention to cancel them, in federal court.

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