Facts of market manipulation in on-exchange trading for futures contracts established
Facts of market manipulation in on-exchange trading for futures contracts1 (hereinafter, the Futures Contracts) in the period from 30 November 2022 to 14 February 2023 have been established.
Transactions with the Futures Contracts concluded in collusion between Aleksei V. Sokolov, Nadezhda N. Sokolova and Artem O. Yusov caused significant deviations in the trading volume in 100% cases.
According to the findings of the investigation, these transactions are qualified as market manipulation pursuant to Clause 2 of Part 1 of Article 5 of Federal Law No.
Thus, A.V. Sokolov, N.N. Sokolova and A.O. Yusov violated the prohibition stipulated by Part 2 of Article 6 of Federal Law No.
The Bank of Russia has sent binding orders to A.V. Sokolov, N.N. Sokolova and A.O. Yusov to cease and desist from similar violations in the future. Furthermore, these persons are subject to administrative proceedings, and transactions in their trading accounts are suspended.
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