The Spoofing Statute Is Here To Stay

Law360, New York (August 11, 2017, 12:02 PM EDT) -- On Aug. 7, 2017, the United States Court of Appeals for the Seventh Circuit held, in the first criminal prosecution under the spoofing statute, that the statute was not unconstitutionally void for vagueness, that the evidence at trial was sufficient to sustain trader Michael Coscia’s convictions for spoofing and fraud, and that the trial court did not err in computing Coscia’s sentencing guideline range. Previously we have written about the spoofing statute and charges in this case,[1] and about Coscia’s motion to dismiss the case before...
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