What was the outcome for the former FX trader from HSBC mentioned in the text?
HSBC to Pay $100M to End U.S. Currency-Rigging Probe
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The video discusses HSBC's cooperation with the Justice Department regarding FX rigging. HSBC agreed to cooperate for three years to avoid prosecution, resulting in a reduced fine. The focus has shifted from institutions to individuals, with former traders from HSBC and Barclays facing legal actions for front-running client orders.
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How has the focus of the investigation shifted according to the text?
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