BP Agrees to Pay a Total of $303 Million in Sanctions to Settle Charges of Manipulation and Attempted Manipulation in the Propane Market Market manipulation

CFTC release 5405-07 · 2007-10-25 · view on cftc.gov ↗

Key facts

Release number: 5405-07
Release date: 2007-10-25
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5405-07

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.