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In the News: DRW set for court showdown with US derivatives regulator


Don Wilson fights manipulation suit from Commodity Futures Trading Commission.

Don Wilson is a boldfaced name in derivatives markets, a place where many big traders prize anonymity. The head of DRW, one of the world’s largest proprietary traders, speaks on expert panels and belonged to an advisory committee to the US regulator for futures, options and swaps.

This week he is due to make another public appearance — in a courtroom. Mr Wilson is expected to testify in his own defence as he battles a lawsuit from the same regulator, the Commodity Futures Trading Commission.

Read more at Financial Times.