Peter Little to fight proposed Fed ban at trial

Lawyers for the ex-trader, who is looking at a potentially permanent ban from markets, say he is innocent and will be vindicated

boxing-gloves-businessman
Fightback: Little has 20 days to respond to the Fed's notice, after which a trial date will be set

Peter Little, former head of the G10 foreign exchange spot-trading desk at Barclays, is planning to fight a proposed ban from the industry by the Federal Reserve Board at trial, after declining to consent to enforcement action from the central bank, the trader’s lawyers told FX Week.

The Fed gave notice on February 16 that it is seeking to impose a permanent ban on Little, as well as a fine of $487,500, in relation to its allegations that he manipulated foreign exchange rates in EUR/USD between

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: