May 08, 2020 BY Steffy Bogdanova

Cayley Investment Management fined $150,000 for wash sales

The Commission also found that on 8 February 2018, Khorrami placed simultaneous buy and sell orders in six different CME futures contracts. After being unable to fill the orders, Khorrami repeatedly modified them until the bid and offer price matched, resulting in a series of pre-arranged cross trades in contracts for crude oil, British Pound,…

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