# CFTC FINES FLOOR BROKER FOR UNLAWFULLY TRADING CRUDE OIL FUTURES CONTRACTS; Robert Benjamin Harmon, Jr. Settles Charges that He Engaged in Wash Sales, Reported Non-Bona Fide Prices, and Executed Non-competitive Trades

> CFTC release 4881-04 · 2004-01-21 · **Settlement** · ENFORCEMENT

## Key facts

- **Release number:** 4881-04
- **Release date:** 2004-01-21
- **Type:** Settlement
- **Title:** CFTC FINES FLOOR BROKER FOR UNLAWFULLY TRADING CRUDE OIL FUTURES CONTRACTS; Robert Benjamin Harmon, Jr. Settles Charges that He Engaged in Wash Sales, Reported Non-Bona Fide Prices, and Executed Non-competitive Trades
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4881-04

## 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 4881-04, "CFTC FINES FLOOR BROKER FOR UNLAWFULLY TRADING CRUDE OIL FUTURES CONTRACTS; Robert Benjamin Harmon, Jr. Settles Charges that He Engaged in Wash Sales, Reported Non-Bona Fide Prices, and Executed Non-competitive Trades", 2004-01-21. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/cftc-action/4881-04.

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