UPDATE 1-New York trading firm to pay $1 mln to settle SEC charges over spoofing
October 08, 2015 at 12:00 PM EDT
WASHINGTON, Oct 8 (Reuters) - A New York-based proprietary trading firm and one of its founders will pay more than $1 million to settle civil charges that they engaged in a manipulative strategy known as spoofing, U.S. regulators said on Thursday.
