Toronto Dominion Bank Faces $20M Penalty Over U.S. Market Manipulation
Dominion Bank(TD) ZACKS·2024-10-01 23:05
The Toronto-Dominion Bank's (TD) U.S. broker-dealer unit, TD Securities USA, has agreed to pay more than $20 million in a settlement with U.S. authorities over allegations of manipulations of the U.S. Treasuries market. Allegations Against TD Bank TD Securities USA admitted to engaging in the spoofing in the U.S. Treasury cash securities market as a part of the deal with the U.S. Justice Department. This puts to an end a long-running probe into manipulation, per the court filing. TD Securities further settl ...