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Spoofing

The companies, products and regulatory developments shaping the broker industry.

SEC spoofing case traces visible orders and trading gains across separate accounts

The complaint connects broker warnings in 2021 with a minute-by-minute ETF sequence in 2025. Its reconstruction shows why joining records across firms matters, while keeping allegations, proposed settlement terms and the later judgment notice distinct.

11 Nov 2026Analysis12 min read

Regulation & enforcement

CME panel orders Flatiron Futures Traders and trader to disgorge $759,910 over layered futures orders

The reported CME settlement concerns large displayed orders cancelled after opposite-side fills. Firm and trader share one $759,910.22 disgorgement obligation.

26 Oct 2026News3 min read