Apr. 30 at 12:18 AM
$QNTM Banks and broker-dealers frequently settle spoofing or market manipulation allegations to avoid prolonged discovery (which can expose internal trading data, algorithms, and communications) and potential regulatory scrutiny. Regulatory spoofing cases (e.g., JPMorgan’s
$920M CFTC settlement, Scotiabank, TD Securities, BofA) almost always resolve via settlement rather than contested trials.