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

> CFTC release 5745-09 · 2009-11-07 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5745-09
- **Release date:** 2009-11-07
- **Type:** Other enforcement
- **Title:** New York Court Imposes $500,000 Fine and Other Sanctions Against David P. Lee, Former Natural Gas Trader for Bank of Montreal
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5745-09

## 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 5745-09, "New York Court Imposes $500,000 Fine and Other Sanctions Against David P. Lee, Former Natural Gas Trader for Bank of Montreal", 2009-11-07. Retrieved via AI Analytics 2026-07-03 from https://api.ai-analytics.org/cftc-action/5745-09.

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