TD Securities (USA) censured and fined for alleged compliance failures connected to spoofing by a former trader
The trader, who worked on and became the head of the US Treasury trading desk, engaged in 813 instances of spoofing in US Treasury securities.
The spoofing followed a predictable pattern:
- A bona fide
Free Trial
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day