# 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

> CFTC release 4848-03 · 2003-10-07 · **Market manipulation** · ENFORCEMENT

## Key facts

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

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 4848-03, "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", 2003-10-07. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/cftc-action/4848-03.

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