March 12, 2017 BY LeapRate Staff
Lek Securities and Avalon FA charged with multi million dollar layering manipulation scheme
The U.S. Securities and Exchange Commission today announced fraud charges against a Ukraine-based trading firm accused of manipulating the U.S. markets hundreds of thousands of times and the New York-based brokerage firm and CEO who allegedly helped make it possible. The SEC’s complaint alleges that Avalon FA Ltd touted itself to traders as a destination…
Read more