TD Bank Group to Pay Over US$28 Million for Market Manipulation

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Finance Nyheter

TD Bank Group,Market Manipulation,Spoofing Orders

TD Bank Group has agreed to pay more than US$28 million to settle an investigation into manipulation of the U.S. Treasuries market by one of its traders. The bank admitted that a former employee created a false appearance of supply or demand in the market by placing and cancelling bids, known as spoofing orders.

TD Bank Group has agreed to pay more than US$28 million to settle an investigation into manipulation of the U.S. Treasuries market by one of its traders. TD Bank Group has agreed to pay more than US$28 million after an investigation into manipulation of the U.S. Treasuries market by one of its traders.

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