Investigating Spoofing, pool

USDOJ Unravels Trading Scheme

A New York financial services firm agreed to pay tens of millions of dollars to settle a commodities futures scheme with USDOJ. Tower Research Capital LLC (Tower), a New York, New York-based financial services firm,…

An Australian Trader Pled Guilty to Spoofing

An Australian trader pled guilty to spoofing, the US Department of Justice (USDOJ) announced. The USDOJ made the announcement against Jiongsheng (“Jim”) Zhao, 31, of Sydney, Australia. “Jiongsheng (‘Jim’) Zhao, 31, of Sydney, Australia, pleaded…