OCC Announces Enforcement Actions for April 2024 marketswired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketswired.com Daily Mail and Mail on Sunday newspapers.
Gregg Smith, formerly JPMorgan's chief gold trader, was convicted on 11 charges for manipulating gold and silver prices from 2008 to 2016 and sentenced to two years behind bars.
Former precious metals trader at JPMorgan Chase and Credit Suisse Christopher Jordan of Mountainside, NJ convicted of fraud with a spoofing scheme in the gold and silver futures markets on COMEX exchange, incl wire fraud financial institution, attempted price manipulation, faces a maximum penalty of 30 years in prison.