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Statement Of CFTC Director Of Enforcement James Mcdonald

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Today, the CFTC announces the filing of eight actions that go to the core of our mission: to preserve market integrity and protect those who participate in our markets from fraud and manipulation. Specifically, these eight actions involve the settlement of three corporate cases against major financial institutions, as well the filing of five complaints, charging six individuals and one company, with spoofing and manipulation in the futures markets in violation of the Commodity Exchange Act.

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