New York Court Imposes $500,000 Fine and Other Sanctions Against David P. Lee, Former Natural Gas Trader for Bank of Montreal Other enforcement

CFTC release 5745-09 · 2009-11-07 · view on cftc.gov ↗

Key facts

Release number
5745-09
Release date
2009-11-07
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5745-09

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.