TD Bank Resolves Treasuries Spoofing Case Amid Wider US Probes

TD Bank Resolves Treasuries Spoofing Case Amid Wider US Probes

Toronto-Dominion Bank will pay over $20 million to settle investigations over a trader's alleged manipulation of the US Treasuries market with "spoof" orders. The bank entered a deferred prosecution agreement and faces additional allegations of money laundering.

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