CFTC CHARGES COLORADO ENERGY EXECUTIVE WITH FALSE REPORTING AND ATTEMPTED MANIPULATION OF NATURAL GAS PRICES; CFTC Files Federal Action in Denver, Colorado Against Andrew Richmond, Former Director of Marketing for Western Gas Resources, Inc. Market manipulation

CFTC release 5068-05 · 2005-04-14 · view on cftc.gov ↗

Key facts

Release number: 5068-05
Release date: 2005-04-14
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5068-05

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.