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Federal Court Sanctions Australian Trader For Spoofing And Engaging In A Manipulative And Deceptive Scheme

<p><span>The Commodity Futures Trading Commission today announced that the U.S. District Court for the Northern District of Illinois entered a consent order on June 4, resolving CFTC charges that Jiongsheng Zhao, a trader based in Australia, engaged in spoofing and manipulation in the Chicago Mercantile Exchange E-mini S&P 500 futures market in violation of the Commodity Exchange Act (CEA) and CFTC regulations.</span></p>
United States Chicago Mercantile Exchange Nicholas Sloey Laura Brookover Charles Marvine Allison Sizemore

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