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Statement Of CFTC Commissioner Caroline D. Pham On Spoofing In Voice Brokered Swaps Markets

<p><span>I support this enforcement action against HSBC Bank USA, N.A., and thank the Division of Enforcement for their hard work on this matter. &nbsp;Fraud, manipulation, and disruptive trading practices have no place in our markets. &nbsp;I commend the Division for their aggressive pursuit of wrongdoing to the fullest extent permissible by law.</span></p> ....

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