New York trading firm to pay $1 mln to settle SEC charges over spoofing
October 08, 2015 at 11:15 AM EDT
WASHINGTON, Oct 8 (Reuters) - A New York-based proprietary trading firm and one of its co-founders will pay more than $1 million to settle civil charges alleging they engaged in a manipulative trading strategy known as "spoofing," U.S. regulators said Thursday.