A former Deutsche Bank AG futures trader convicted of manipulating gold and silver prices was sentenced on 21 June to one year and one day in prison.

James Vorley, a 41-year-old UK citizen who started working at Deutsche Bank shortly after graduating from high school, was among the dozens of traders caught in a criminal and civil enforcement campaign to stamp out spoofing, a type of market manipulation banned by the 2010 Dodd Frank financial overhaul law.