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CFTC Fines Dubai Trading Firm $300K For Alleged Spoofing

By Jon Hill (October 11, 2017, 2:50 PM EDT) -- A Dubai-based proprietary trading firm must pay a $300,000 penalty to settle allegations that one of its traders used an illegal tactic known as "spoofing" while trading in copper futures contracts on the Commodity Exchange Inc., the U.S. Commodity Futures Trading Commission said Tuesday....

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