General
NatWest Markets Pleads Guilty and Agrees to Pay $35 Million for Fraudulent "Spoofing" Scheme (Part I of II)
The Department of Justice secured a guilty plea from NatWest Markets, the newly-named Royal Bank of Scotland, for trade manipulation, referred to as “spoofing,” in U.S. Treasury markets. The NatWest resolution reflected new changes in DOJ’s white collar enforcement policies, including acknowledgement and consideration of NatWest’s