Futures
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One platform for global traditional assets
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I just saw on Bloomberg that a person named Jeyakumar Nadarajah is going to be prosecuted for allegedly manipulating the US government bond market. Cases like this often make me wonder, just how strict is the oversight in our bond market? This isn't a small case, because the bond market is fundamental to the economy. There are no full details yet on exactly what he did, but this clearly highlights longstanding concerns about market integrity. Seriously, if the bond market can be manipulated like this, what else could happen? Regulations probably need to be tighter.