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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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Thomas Matthew Crooks: What we know about the Trump attacker

 

Thomas Matthew Crooks is the man who shot at former US President Donald Trump during a campaign rally. Here’s what we know about him:

  1. Identity and Background:

    • Crooks, a 20-year-old nursing-home employee from Pittsburgh, Pennsylvania, was identified as the attacker.
    • He allegedly opened fire while Trump was addressing a crowd in Butler, Pennsylvania, leaving one audience member dead and two others critically wounded.
    • Crooks was shot dead at the scene by a Secret Service sniper.
    • Neighbors in his quiet hometown of Bethel Park are in shock, struggling to understand how a seemingly quiet young man could be involved in the shooting.

  2. Education and Political Affiliation:

    • Crooks graduated from Bethel Park High School in 2022, where he received a $500 prize for math and science.
    • State voter records show that he was a registered Republican.
    • He also donated $15 to the liberal campaign group ActBlue in 2021.
    • Crooks had not been carrying ID, so investigators used DNA to identify him.

  3. Weapon and Motive:

    • The weapon used to shoot at Trump was believed to have been purchased by Crooks’ father.
    • Suspicious devices were found in Crooks’ vehicle after the shooting.
    • Investigators are still probing his motive.

The incident shattered the nation’s illusion of security, and authorities continue to investigate the details surrounding the attack.

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