As part of a crackdown on “spoofing,” the U.S. Commodities Futures Trading Commission will square off in Chicago’s federal court on Monday against a Northwestern University dropout who made millions on the futures markets.
The regulator is seeking a preliminary injunction to bar Igor Oystacher, a Russian immigrant who left Northwestern in 2001 to begin a lucrative trading career, from placing trades in five markets for futures contracts while the civil case goes forward.
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