Toronto-Dominion Bank will pay more than $20 million as part of a deal with US prosecutors and regulators to resolve investigations over a former trader’s alleged placement of “spoof” orders to manipulate the US Treasuries market.

Toronto-Dominion Bank is set to pay more than $20 million US as part of a deal with American authorities to resolve an investigation into a former employee's fraud trading tactics to manipulate the U.

Toronto Dominion Bank is set to pay over $20 million as part of a deal with U.S. authorities to resolve an investigation into a former employee's fraud trading tactics to manipulate the U.S. Treasuries market.

The settlement comes as the Canadian lender nears a deal to plead guilty to separate government charges that TD's U.S. retail bank possibly failed to curb money laundering tied to Chinese crime groups and illicit fentanyl sales, according to a Wall Street ...