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

> CFTC release 5405-07 · 2007-10-25 · **Market manipulation** · ENFORCEMENT

## Key facts

- **Release number:** 5405-07
- **Release date:** 2007-10-25
- **Type:** Market manipulation
- **Title:** BP Agrees to Pay a Total of $303 Million in Sanctions to Settle Charges of Manipulation and Attempted Manipulation in the Propane Market
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5405-07

## 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 5405-07, "BP Agrees to Pay a Total of $303 Million in Sanctions to Settle Charges of Manipulation and Attempted Manipulation in the Propane Market", 2007-10-25. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/cftc-action/5405-07.

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