# U.S. District Court Orders Telephone Clerk of a NYMEX Floor Brokerage Operation to Pay More Than $3.6 Million for Defrauding his Employer

> CFTC release 5352-07 · 2007-07-12 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5352-07
- **Release date:** 2007-07-12
- **Type:** Other enforcement
- **Title:** U.S. District Court Orders Telephone Clerk of a NYMEX Floor Brokerage Operation to Pay More Than $3.6 Million for Defrauding his Employer
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5352-07

## 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 5352-07, "U.S. District Court Orders Telephone Clerk of a NYMEX Floor Brokerage Operation to Pay More Than $3.6 Million for Defrauding his Employer", 2007-07-12. Retrieved via AI Analytics 2026-06-30 from https://api.ai-analytics.org/cftc-action/5352-07.

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