Treasury rigging probe sharpens focus: Federal investigators are narrowing a probe of alleged rigging of the $13 trillion U.S. Treasury market by looking at a handful of Wall Street banks, the New York Post is reporting, citing unnamed sources. The investigation is focused on electronic chat and emails as European authorities are being pulled into the probe as well. Treasury Rigging Probe: Multiple agency probe looking at emails, chat transcripts It is emails and chats from Goldman Sachs upon which the fraud division of the Justice Department is focused on, the New York Post’s Kevin Dugan reported. Today’s news follows Goldman…
Report: Treasury Rigging Probe Focused On Goldman Sachs
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.