After five banks pleading guilty and agreed to pay $5 billion in fines to settle a U.S. Department of Justice case into rigging Libor interest rates and wrapping up a currency manipulation investigation in which no individual banker was charged or lost their bonuses, a new investigation into manipulation in the U.S. Treasury market is coming to light today. No individual banks mentioned in treasury market manipulation probe and no wrongdoing has yet been alleged Kevin Dugan of the New York Post is reporting that the DoJ is believed to be in the early stages of a new investigation, having reached…
DoJ In Early Stages Of Treasury Market Manipulation Probe
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.