New York, NY- July 13th, 2016- (Apple News) – Michael Coscia, the first person convicted of spoofing after it was made a crime under the Dodd-Frank Act, was sentenced to three years in prison. Spoofing became illegal under the Dodd-Frank Act. The practice typically consists of systematically placing orders without intending to execute them to trick the market into thinking there’s interest in buying or selling that doesn’t actually exist. Get more details about Spoofing and the Coscia case in this report. There is no cost or obligation to view the full report- https://broadstreetalerts.com/spoofing/
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