CFTC Settles Natural Gas False Reporting and Attempted Manipulation Lawsuit with Energy Trader; Defendant Paul Atha, a Former Trader at Mirant Americas Energy Marketing, L.P. (Mirant), Ordered to Pay a $200,000 Penalty Market manipulation

CFTC release 5409-07 · 2007-11-09 · view on cftc.gov ↗

Key facts

Release number: 5409-07
Release date: 2007-11-09
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5409-07

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.