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Two former JPMorgan Chase precious metals traders have been sentenced for fraud, attempted price manipulation, and spoofing. Gregg Smith was sentenced to two years in prison and a $50,000 fine, while Michael Nowak received one year and one day in prison and a $35,000 fine. The manipulation scheme lasted eight years and resulted in...
Two former JPMorgan Chase precious metals traders have been sentenced for fraud, attempted price manipulation, and spoofing. Gregg Smith was sentenced to two years in prison and a $50,000 fine, while Michael Nowak received one year and one day in prison and a $35,000 fine. The manipulation scheme lasted eight years and resulted in...