Fraud
Bogucki’s defence fights for dismissal again
Defence says there was no fiduciary relationship because each party understood they were acting in their own interest
ACI to file amicus brief for Mark Johnson appeal
Traders’ association believes lower court decision could spook banks, hike costs for transacting fixings and hit liquidity
Robert Bogucki loses motion to dismiss
But judge says the two counterparties to the trade have no standing to sue Bogucki or Barclays
Mark Johnson out of prison on bail
Former HSBC currency boss allowed out on bail while his appeal is pending
Mark Johnson’s attorneys point to Isda agreement in appeal
“How are FX traders supposed [to] know what trading constitutes wire fraud when the government cannot even answer that question?” attorneys ask
FX lawsuits: the roundup
The number of cases related to conduct in foreign exchange markets has multiplied. Here is our handy guide to developments so far
Bogucki hearing scheduled for May 23
Defence lawyers are set to argue that the charge is time-barred and not applicable to this case
Johnson sentenced to two years in prison
Johnson was taken to prison immediately after the hearing, but lawyers are preparing for appeal argument
Colt partners NPL on timestamping
Mifid II requires that reportable events are traceable to coordinated universal time
Former Wells Fargo FX trading head sues for wrongful termination
Simon Fowles claims he was fired days before he intended to alert regulators of a payment-incentive plan that fostered greed
Johnson's attorneys seek home confinement
US digs in heels over prison term; family and friends say former trader’s punishment began at his arrest
US seeks seven-year minimum prison term for Mark Johnson
Defence disputes whether Cairn Energy suffered a loss as a result of Johnson’s misconduct
US DoJ changes tactics in Bogucki case
US attorneys will use bank fraud laws to pursue the former currency trader, extending the statute of limitations
Judge grants Bogucki’s case dismissal hearing
Robert Bogucki's lawyers will argue the US abused a transnational document request to extend the statute of limitations
US court rules cryptocurrencies are commodities
Asserting the CFTC’s jurisdiction, the ruling clears the way for the agency to bring its fraud case
Johnson’s sentencing pushed back to April 2
Mark Johnson is allowed to stay in the UK with his family until March 26
Bogucki lawyers call FX case a ‘well-disguised sham’
Defence says prosecutors misused international document request to extend statute of limitations
Online investment fraud increasing, warns FCA
Under-25s are six times more likely to trust an investment offer made via social media compared with those aged 55-plus
Johnson’s sentencing delayed until March 8
Former HSBC senior banker can spend more time with family in the UK before returning to the US by March 1
HSBC to pay $101 million to settle with DoJ
UK bank enters into deferred prosecution agreement and agrees to pay criminal penalty over Cairn Energy and other FX conduct
Bogucki plans to fight fraud charges in California
Former Barclays FX head returns ‘not guilty’ plea during arraignment at Brooklyn court
Cartel lawyers to argue for case dismissal on January 29
The legal representatives of Ashton, Ramchandani and Usher will ask a federal judge to throw out the case against the three men
Mark Johnson to be sentenced on February 15
Johnson’s lawyers are asking the court to allow him to return temporarily to the UK before then
Esma proposes crackdown on CFDs and binary options
Esma considers ban on binary options and tighter leverage limit rules for contracts for difference