Final chapter in NAB scandal begins

Appearing in court last week, ex-forex options head Luke Duffy pleaded guilty to three counts of dishonestly using his position as an employee to gain advantages for himself and others. The charges were brought against him by the local regulatory body, the Australian Securities and Investments Commission (Asic), in December last year (FX Week, January 10).

Asic claimed that Duffy, together with chief FX options dealer David Bullen, and forex options traders, Gianni Gray and Vincent Ficarra

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