Dodd-Frank puts market manipulation on the radar

Dodd-Frank regulation could usher in more market manipulation cases such as the recent CFTC case against Arcadia Petroleum, Arcadia Energy and Parnon Energy, say market experts

Weighing up Dodd-Frank
Cases against market manipulators could be easier to prove

Incoming financial regulation could make it easier for regulators such as the Commodity Futures Trading Commission (CFTC) to bring manipulation cases against market participants, as it will become less difficult to prove intent, say market experts.

"The Dodd-Frank amendments have the effect of lowering the standard of proof that the CFTC would need to meet," says David Yeres, senior counsel at Clifford Chance in New York. "The Dodd-Frank laws will incorporate provisions taken from the securities

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