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TD Bank Settles Spoofing Investigation with $20 Million Payment

  Toronto-Dominion Bank (TD Bank) has agreed to pay over $20 million USD to settle an investigation by U.S. authorities into fraudulent trading practices known as “spoofing.” This settlement resolves allegations that a former TD Bank trader engaged in deceptive tactics to manipulate the U.S. Treasuries market. The investigation revealed that the trader placed large orders with the intent to cancel them before execution, creating a false impression of market demand. This practice, known as spoofing, is illegal under U.S. law as it undermines market integrity and investor confidence. TD Bank’s settlement includes both fines and restitution, reflecting the seriousness of the misconduct. The bank has stated its commitment to maintaining high ethical standards and has taken steps to enhance its compliance and oversight mechanisms to prevent future violations. This case is part of a broader crackdown by U.S. regulators on spoofing and other forms of market manipulation, aiming to ensure fair
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FBI Investigates Assassination Attempt at Trump Rally

                                         

The FBI is actively investigating the shooting at a Saturday night rally for former President Donald Trump as an assassination attempt. The suspect involved has been identified as 20-year-old Thomas Matthew Crooks from Bethel Park, Pennsylvania. 

The attack occurred during the rally in Butler, Pennsylvania, leaving one attendee dead and critically injuring two others. Trump himself reported being “shot with a bullet that pierced the upper part of my right ear,” and photos and videos showed Secret Service agents swiftly whisking him away, his face bloodied and fist raised. The suspected shooter, who was killed, used an AR-15-style semiautomatic rifle for the attack. 

After being evaluated at a medical facility in Pennsylvania, Trump flew to New Jersey, where he was seen exiting a plane at Newark Liberty International Airport around midnight. 

President Biden condemned the violence, stating, "It cannot be like this. We cannot condone this". The investigation remains ongoing, and authorities have not yet disclosed a motive for the attack.

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