First U.S. trader convicted of spoofing sentenced to jail

Chicago | Reuters -- A U.S. judge sentenced futures trader Michael Coscia to three years in prison on Wednesday, a lighter punishment than prosecutors had sought for the first person criminally convicted of the manipulative trading practice of spoofing. Coscia also was sentenced to two years of supervised release from jail, in a case that[...]

Soy industry group taps Canola Council exec as chief

Canada's new national soy industry body has gone to Canada's other national oilseed industry body for its new chief executive. Soy Canada, which set up shop last month in Ottawa as a new Canada-wide organization representing the soybean value chain, on Monday appointed Jim Everson, vice-president of government relations for the Canola Council of Canada,[...]