SEC
Whistleblower
Advocates

October 08, 2015

Briargate Trading, LLC, Eric Oscher

Market Manipulation

SANCTION AMOUNT: $1,062,842

Defendants: Briargate Trading, LLC
Eric Oscher

Settlement of allegations that Respondents, a proprietary trading firm and one of its co-founders, engaged in the manipulative trading tactic known as “spoofing.” Under this tactic, sham orders are placed with the intent of creating an appearance of interest in one side of the market, while the spoofer works the other side.

Thank you for submitting some email to us.