Department of Justice-Criminal Division: Merrill Lynch Commodities Enters Into Corporate Resolution, Agrees to Pay $25M in Connection With Deceptive Trading Practices
June 25, 2019
June 25, 2019
WASHINGTON, June 25 -- The U.S. Department of Justice's Criminal Division issued the following news release:
Merrill Lynch Commodities Inc. (MLCI), a global commodities trading business, has agreed to pay $25 million to resolve the government's investigation into a multi-year scheme by MLCI precious metals traders to mislead the market for precious metals futures contracts traded on the Commodity Exchange Inc. (COMEX), announced Assistant Attorney General Brian A. Benczkowski of the . . .
Merrill Lynch Commodities Inc. (MLCI), a global commodities trading business, has agreed to pay $25 million to resolve the government's investigation into a multi-year scheme by MLCI precious metals traders to mislead the market for precious metals futures contracts traded on the Commodity Exchange Inc. (COMEX), announced Assistant Attorney General Brian A. Benczkowski of the . . .