U.S. prosecutors took an unusually aggressive turn in their investigation of price fixing at
The prosecutors charged the head of JPMorgan’s global precious metals trading operation and two others Sept. 16, accusing them of “conspiracy to conduct the affairs of an enterprise involved in interstate or foreign commerce through a pattern of racketeering activity.”
That’s a reference to the Racketeer Influenced and Corrupt Organizations Act, or RICO, a law often used against organized crime rings. The U.S. ...