CFTC sues two UAE traders for allegedly spoofing gold futures
May 06, 2015 at 05:01 AM EDT
May 6 (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) sued two gold futures traders from the United Arab Emirates, alleging they engaged in unlawful disruptive trading practices known as "spoofing" by placing bids and offers with the intent to cancel them before execution.