![CFTC Talks show](https://d3dthqtvwic6y7.cloudfront.net/podcast-covers/000/076/437/small/cftc-talks.jpg)
Summary: This week on CFTC Talks, we speak with CFTC Director of Enforcement Jamie McDonald on the record number of cases his division brought against traders who utilize spoofing to manipulate market prices. Why joint prosecution has been one driver: “There’s no deterrent effect like the prospect of criminal prosecution in the appropriate case.” (36:06)