# CFTC SETTLES CASE WITH FORMER ELECTRICITY TRADER FOR EXECUTING ILLEGAL WASH TRADES; Trader Agrees to Cooperate

> CFTC release 4925-04 · 2004-05-10 · **Wash trades / fictitious trading** · ENFORCEMENT

## Key facts

- **Release number:** 4925-04
- **Release date:** 2004-05-10
- **Type:** Wash trades / fictitious trading
- **Title:** CFTC SETTLES CASE WITH FORMER ELECTRICITY TRADER FOR EXECUTING ILLEGAL WASH TRADES; Trader Agrees to Cooperate
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4925-04

## 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 4925-04, "CFTC SETTLES CASE WITH FORMER ELECTRICITY TRADER FOR EXECUTING ILLEGAL WASH TRADES; Trader Agrees to Cooperate", 2004-05-10. Retrieved via AI Analytics 2026-07-14 from https://api.ai-analytics.org/cftc-action/4925-04.

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