Cash versus derivatives schemes enforcement actions

This library records 3 enforcement actions tagged cash versus derivatives schemes. A cash versus derivatives scheme establishes a large derivative position and then trades the smaller underlying market at a deliberate loss, in order to move the reference price the derivative settles against.

Actions are listed newest first. Each row links to a case page carrying the regulator's own release and, where one was published, the complaint. For how this technique works and what statute it engages, read the cash versus derivatives schemes technique page.

Actions

3

Total penalties

$105m

Median penalty

$105m

Largest

$105m

Criminal parallel

33%