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