LONDON (Monthly Cycle) - The Financial Services Authority said on Tuesday it will fine,suspend or kill operators involved in the practice known as "spoofing".
The warning follows a 35,000 pound fine imposed last year by the UK Regulator on an Estonian Grandmother.
Spoofing involves putting jokey comments on a web-site and creating a misleading impression of the Regulators as a bunch of feckless twats. It constitutes potential market abuse, an FSA spokesman told the cycle.
A spokeswoman for the FSA told The Cycle: "We are not just saying: 'We are watching you.' We are warning to stop and if they do not, we will take action,"
Prosecution would involve fines or suspensions, she said
