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Merrill Lynch Admits Spoofing, Settles US Probes For $36.5M

By Alison Noon ( June 25, 2019, 10:24 PM EDT) -- Merrill Lynch Commodities Inc. settled two government investigations Tuesday by agreeing to pay a combined $36.5 million and admit the company was at fault for two former traders who cheated the market for precious metals futures contracts....

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