read: In the News: Don Wilson trading company argues its case rather than settling with CFTC at: https://www.ft.com/content/d01ad59a-9b99-11e6-8f9b-70e3cabccfae?mhq5j=e5
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In the News: Don Wilson trading company argues its case rather than settling with CFTC
10.27.2016
A leading derivatives trader accused of market manipulation by a US regulator is making a last-ditch bid to avoid a trial.
DRW, the Chicago-based proprietary trading company, and its boss Don Wilson have filed a motion asking a newly appointed judge to dismiss the case before it goes before a jury on December 1. The Commodity Futures Trading Commission's lawsuit has riveted the trading industry. Exchanges and lobby groups filed a brief in support of DRW, arguing the CFTC changed the legal standard for price manipulation to pursue Mr.Wilson, a prominent figure in derivatives markets.
Read more at Financial Times.