#Ex-JPMorgan metals traders face trial on racketeering charges
“Ex-JPMorgan metals traders face trial on racketeering charges” Three former JPMorgan Chase employees face a federal trial in Chicago on Friday on accusations they helped turn their trading desk into a criminal enterprise that faked precious metals futures orders to manipulate prices. The bank’s former global precious metals desk head Michael Nowak, precious metals trader Gregg Smith and salesperson Jeffrey Ruffo are charged with racketeering and conspiracy…