New York Trader to Pay CFTC $200,000 Over Alleged Spoofing

A New York trader agreed to pay $200,000 to settle a Wall Street regulator’s allegations that he engaged in phony US Treasury futures trades through a “spoofing” scheme.

Sidney Lebental agreed to the US Commodity Futures Trading Commission’s allegations Wednesday without admitting or denying the regulator’s claims. Lebental, who didn’t immediately respond to a request for comment, is also prohibited from trading commodity interests for a month.