# Former Trader Agrees to Cooperate with U.S. Commodity Futures Trading Commission and Settles Case for Illegal Wash Trades

> CFTC release 4967-04 · 2004-08-11 · **Wash trades / fictitious trading** · ENFORCEMENT

## Key facts

- **Release number:** 4967-04
- **Release date:** 2004-08-11
- **Type:** Wash trades / fictitious trading
- **Title:** Former Trader Agrees to Cooperate with U.S. Commodity Futures Trading Commission and Settles Case for Illegal Wash Trades
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4967-04

## 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 4967-04, "Former Trader Agrees to Cooperate with U.S. Commodity Futures Trading Commission and Settles Case for Illegal Wash Trades", 2004-08-11. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/cftc-action/4967-04.

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