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Statement Of CFTC Commissioner Goldsmith Romero On The Importance Of Protecting Commodity Markets Against Excessive Speculation In The Ghost Cattle Fraud Case CFTC v. Cody Easterday

<p><span>One of the Commission&rsquo;s core functions is to ensure that derivatives markets have integrity and that there is no market manipulation and excess speculation that can artificially increase prices.&nbsp; This function is particularly important since the pandemic when families have faced hard choices at the grocery store given increased costs of food.&nbsp; In order to prevent excessive speculation, the Commission requires limits on trader positions&mdash;limits set by exchanges, and enforced against market participants.</span></p> ....

Cody Easterday , Tysons Food Inc , Chicago Mercantile Exchange , Easterday Ranches Inc , Chief Judge Bastian , Tysons Food , Easterday Ranches , Consent Order , Heightened Enforcement Accountability , Arket Surveillance ,

Concurring Statement Of CFTC Commissioner Goldsmith Romero On The Importance Of Protecting Commodity Markets Against Excessive Speculation In CFTC v. Commodity Broker CHS Hedging

<p><span>One of the Commission&rsquo;s core functions is to ensure that derivatives markets have integrity and that there is no market manipulation and excess speculation that can artificially increase prices.&nbsp; This function is particularly important since the pandemic, when families have faced hard choices at the grocery store given increased costs of food.&nbsp; In order to prevent excessive speculation, the Commission requires limits on trader positions&mdash;limits set by exchanges, and enforced against market participants.&nbsp; Brokers (referred to as futures commission merchants (FCMs)) serve as critical gatekeepers in preventing excessive speculation.</span></p> ....

Cody Easterday , Chicago Mercantile Exchange , Tysons Food Inc , Easterday Ranches Inc , Chief Judge Bastian , Tysons Food , Easterday Ranches , Heightened Enforcement Accountability ,

Easterday Sentenced to 11 Years, Millions in Restitution

(Yakima, WA) 51-year-old Cody Easterday of Mesa was sentenced to serve 132-months in federal prison for defrauding Tyson Foods and another company out of ....

United States , Cody Easterday , Tyson Foods , Eastern District , Chief Judge Bastian , Judge Bastian , Easterday Ranches , Tri Cities News ,