Chicago Mercantile Exchange Issues Advisory Notice on Wash Trades
By EsqSocial Corporation 26/11/13
On November 19, the CME Group Exchanges issued Market Regulation Advisory Notice RA0913-5R regarding the prohibition on wash trades. The Advisory Notice defines a “wash trade” as “a form of fictitious trade in which a transaction or a series of...
By: Katten Muchin Rosenman LLP