Scotiabank to pay $127.4M to settle U.S. spoofing and manipulation case

TORONTO — Bank of Nova Scotia will pay about US$127.4 million to settle a U.S. Commodity Futures Trading Commission case that found the bank attempted manipulation and spoofing of gold and silver futures contracts thousands of times over the last eight years. The commission, which pursued the case in conjunction with the U.S. Department of Justice, says Scotiabank traders […]