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U.S. District Court for the Northern District of Illinois

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Decided

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Motion to dismiss indictment denied

October 21, 2019

The District Court ruled that commodity traders can be charged under wire fraud statute for alleged “spoofing.”

U.S. Chamber joins coalition amicus brief arguing district court should dismiss wire fraud counts in indictment relating to commodities transactions

February 06, 2019

Click here to view the coalition brief filed jointly by the Bank Policy Institute, Securities Industry and Financial Markets Association, and the U.S. Chamber of Commerce.

Kenneth M. Kliebard, Michael M. Philipp, and Gregory T. Fouts of Morgan, Lewis & Bockius LLP served as co-counsel for the amici.

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