code of silence broken !

 code of silence broken CITI , RBS . BZW . UBS . GSF . ICAP . RABOBANK cartel traders
guilty of persistent market abuse .

I struggle to find confidence in our markets when yet again senior players
are found guilty of manipulating and abusing our exchanges . The markets have
griped for years about market abuse ; layering  crossing ; spoofing etc ; yet
time and time again exchanges have denied any wrong doings ...........  finally
the cat is out of the bag .......  Its looks as if they were  lying . If the
above banks /brokers are guilty of manipulation its safe to say our exchanges
are AS guilty of a total failure of regulation !           Exchanges over the
years received a multitude of complaints about rigged markets and other blatant
abuses yet denied by  their market supervision depts.  Basically  failed to
provide "fair and orderly markets " .

Finally as this code of silence breaks and regulators fine and punish the
guilty parties perhaps a suspension of trading would be a better punishment than
a large fine ?  Perhaps  BZW not having an fx dept for a week is a fitting punishment .   Sadly if the above are guilty then  I believe the exchanges
cannot be blameless and regulators therefore have to take action against the
guilty exchanges  !