# CFTC Charges BP Products North America, Inc. with Cornering the Propane Market and Manipulating the Price of Propane

> CFTC release 5193-06 · 2006-06-29 · **Market manipulation** · ENFORCEMENT

## Key facts

- **Release number:** 5193-06
- **Release date:** 2006-06-29
- **Type:** Market manipulation
- **Title:** CFTC Charges BP Products North America, Inc. with Cornering the Propane Market and Manipulating the Price of Propane
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5193-06

## 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 5193-06, "CFTC Charges BP Products North America, Inc. with Cornering the Propane Market and Manipulating the Price of Propane", 2006-06-29. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/cftc-action/5193-06.

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