On Sept. 30, 2016, Judge Analisa Torres of the Southern District of New York issued an order resolving competing motions for summary judgment in the U.S. Commodity Futures Trading Commission's ongoing action against Donald R. Wilson and his firm, DRW Investments LLC (together, DRW), for allegedly manipulating and attempting to manipulate the settlement price of certain interest rate futures contracts.[1] The order provides important guidance regarding the requisite intent to establish a manipulation or attempted manipulation claim under the Commodity Ex change Act.
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Originally published by Law360
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