CFTC's Alleged Spoofer To Pay $2.5M, Avoid Trading Ban

By Jessica Corso (December 19, 2016, 6:41 PM EST) -- A Chicago-based trader will pay $2.5 million to settle a U.S. Commodity Futures Trading Commission lawsuit accusing him of placing spoof bids on futures contracts, although he will be allowed to continue trading under the supervision of an independent monitor. ...

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