General
NatWest’s Fraudulent “Spoofing” Schemes (Part II of II)
NatWest’s fraudulent “spoofing” schemes occurred in the primary and secondary markets for U.S. Department of Treasury Securities, including derivatives that tracked the prices of U.S. Treasury Securities for 5-year, 10-year and 30-year Treasury notes and bonds. Between January 2008 and May 2014, a NatWest