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02-13-2018, 02:10 PM
Wall Street regulator looking into VIX manipulation: WSJ

The Financial Industry Regulatory Authority (FINRA) is scrutinizing whether traders placed bets on S&P 500 options in order to influence prices for VIX futures, according to the Journal. The Cboe Volatility Index is a widely followed gauge of future stock market volatility on Wall Street. A law firm representing an "anonymous whistleblower" on Monday alleged in a letter to U.S. financial regulators that the VIX is being manipulated, causing billions of dollars in losses a year to unwary investors.

https://finance.yahoo.com/news/wall-street-regulator-looking-vix-200204258.html?.tsrc=rss