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Bill Baer applauds criminal charges against four major banks over forex manipulation

( May 20, 2015, 14:55 GMT | Official Statement) -- MLex Summary: US Assistant Attorney General Bill Baer issued remarks regarding a law enforcement action by several agencies against four financial firms that conspired to manipulate the foreign exchange market. Baer applauded the teamwork of the US Department of Justice, the Federal Bureau of Investigation, and the Commodities Futures Trading Commission. “Today’s guilty pleas to criminal charges represent major developments in our investigation into collusion affecting foreign exchange markets, particularly the spot market for trading US dollars and euros, said Baer.”Statement follows in full. ...

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