Derivatives Market Manipulation by ‘Wash Sales’ in Violation of the US Commodity Exchange Act
Abstract
One of the principal goals of derivatives regulation is to prevent market manipulation. Manipulation destroys investor confidence, leads to reduction of trading activity, and reduces the overall prosperity and revenue generated by market activity. To avoid these dire consequences, those societies committed to a market economy generally impose regulation to prevent interference with and distortion of natural market forces of supply and demand.
Citation
Swan, E. (1995), "Derivatives Market Manipulation by ‘Wash Sales’ in Violation of the US Commodity Exchange Act", Journal of Financial Crime, Vol. 3 No. 1, pp. 53-56. https://doi.org/10.1108/eb025669
Publisher
:MCB UP Ltd
Copyright © 1995, MCB UP Limited