High-Speed Trader's $67M Spoofing Payment Largest To Date

By Jody Godoy ( November 7, 2019, 8:10 PM EST) -- Proprietary trading firm Tower Research Capital agreed to pay $67 million in civil and criminal penalties over what prosecutors say were thousands of spoofed commodities orders by former traders, in what was billed as the largest spoofing settlement to date. . . .

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