Katz’s sentencing adjourned until January
Jason Katz is the first trader to admit to wrongdoing
Sentencing for Jason Katz, the former Barclays currency trader who pleaded guilty to price fixing, has been postponed until January 7, 2019.
Katz has been charged with conspiring to eliminate competition in the Central and Eastern European, Middle Eastern and African currencies (Ceemea). He faces a maximum of 10 years in prison and a $1 million fine.
He is the first person to plead guilty to price-rigging and the third to be charged since the US Department of Justice began its investigation
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