Ex-Scotia Capital, Bear Stearns precious metals trader pleads guilty, will cooperate with feds in ‘spoofing’ probe
via CNBC: A former Scotia Capital and Bear Stearns trader pleaded guilty and admitted manipulating precious metals futures markets for nine years, the latest in a series of crackdowns on so-called spoofing trades. The trader, Corey Flaum, is cooperating with an ongoing federal criminal investigations into gold, silver, platinum and palladium markets, as is ex-J.P. … Read more