DoJ seeks stay on benchmark case discovery

Antitrust division tells court the request is to protect the integrity of ongoing cases

stopping systemic risk
Hold up: DoJ will consider one-off requests for depositions of certain individuals

The US Department of Justice is seeking another three-month extension on a limited discovery stay in the foreign exchange benchmark rates antitrust case against several large banks. It last sought a temporary halt in June. 

The recent request comes as the DoJ gears up for several criminal proceedings against individual currency traders that are set to begin in early October. If a federal judge approves the extension, civil attorneys pursuing the benchmark rates case will not be able to depose

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