CFTC FINDS FORMER AVISTA ENERGY VICE-PRESIDENT MANIPULATED ELECTRICITY FUTURES ON NYMEX; William H. Taylor of Houston, Texas, Agrees to Settlement Terms, Including a Civil Monetary Penalty and Trading Ban Market manipulation

CFTC release 4848-03 · 2003-10-07 · view on cftc.gov ↗

Key facts

Release number: 4848-03
Release date: 2003-10-07
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4848-03

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.