Ripping Off Your Clients Is Naughty in New Currency Market Code, Bloomberg

“That we have to tell grown adults that they should have ethics in foreign exchange markets is incredible,” Mayra Rodriguez Valladares, a former New York Fed foreign-exchange analyst who conducts training for banks and financial regulators as managing principal of MRV Associates in New York, said by email. “What next? Should we remind them to wash their hands after going to the restroom?”

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