In 2010, Congress expressly criminalized a type of trading activity on the commodity futures exchanges referred to as “spoofing.”
When Is a Bid or Offer a 'Spoof'?
<b><i>U.S. Supreme Court Denial of Cert Leaves Statute Vague</i></b><p>This article analyzes the confusion faced by commodity futures traders in assessing whether their trading strategies constitute illegal spoofing and examines whether the CFTC and Seventh Circuit have provided sufficient guidance on the distinction between spoofing and legitimate trading activity.
By
Jodi Misher Peikin and Brent M. Tunis
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