WASHINGTON Jan 12 A foreign exchange dealer who
specialized in central and eastern European, Middle Eastern and
African currencies has pleaded guilty to conspiring to fix
currency prices, the U.S. Department of Justice said on
The department identified the trader as Christopher Cummins
but did not identify his employer other than saying it is a New
York-based financial institution.
He is the second trader to admit guilt in the probe. The
first was Jason Katz, a former trader at Barclays who later
worked at BNP Paribas SA and who pleaded guilty on Jan. 4.
(Reporting by Diane Bartz; editing by Grant McCool)