Essentials of MIS (12th Edition)
12th Edition
ISBN: 9780134238241
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Chapter 8.1, Problem 3CQ1
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Sarao responsibility:
The Commodity Futures Trading Commission (CFTC) informer spends more than hundreds of hours for analyzing information related to the flash crash. The investigators worked 2 years to construct a case against the Sarao for his manipulations. The CFTC was not directly blame Sarao, but his conduct was knowingly responsible for the order imbalance that headed to the crash...
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