# CFTC Orders Kennith Wayne Thrasher and Kennith Luke Thrasher to Pay $525,000 Penalty for Violating Speculative Position Limits in Live Cattle Futures

> CFTC release 7008-14 · 2014-09-25 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 7008-14
- **Release date:** 2014-09-25
- **Type:** Other enforcement
- **Title:** CFTC Orders Kennith Wayne Thrasher and Kennith Luke Thrasher to Pay $525,000 Penalty for Violating Speculative Position Limits in Live Cattle Futures
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/7008-14

## 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 7008-14, "CFTC Orders Kennith Wayne Thrasher and Kennith Luke Thrasher to Pay $525,000 Penalty for Violating Speculative Position Limits in Live Cattle Futures", 2014-09-25. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/7008-14.

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