U.S. might squash currency market manipulation

Bloomberg reports the U.S. Department of Justice has launched a criminal investigation into foreign-exchange market manipulation.

Read: Currency wars go global

A source revealed to the outlet that the FBI, “which is also looking into alleged rigging of interest rates associated with the London interbank offered rate, or Libor, is in the early stages of its currency market probe.”

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The staff of Advisor.ca have been covering news for financial advisors since 1998.