Article Co-Authored by Michael Cragg and Shaun Ledgerwood on Market Manipulation Published in Financier Worldwide

An article co-authored by principals Michael Cragg and Shaun Ledgerwood was featured in the May 2014 issue of Financier Worldwide. The article, How to think about market manipulation, addresses how enforcement settlements in recent years have resulted in uncertainty about what sort of behavior is considered manipulative. The authors present an economic framework through which to analyze manipulation cases, arguing that without such a framework, the requirements for proving manipulation will...