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Washington, D.C. — The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S.
<p><span>The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois against David Skudder, Global Ag LLC, and Nesvick Trading Group LLC for spoofing—bidding or offering with the intent to cancel the bid or offer before execution—and for the use of manipulative schemes. The schemes involved both soybean futures contracts and options on soybean futures contracts traded on the Chicago Board of Trade. Some of their misconduct in...
Commodity Futures Trading Commission (CFTC) ...... The Commodity Futures Trading Commission (CFTC) today announced that Judge Steven C. Seeger of
<p><span>The Commodity Futures Trading Commission today announced that Judge Steven C. Seeger of the U.S. District Court for the Northern District of Illinois issued final judgments and consent orders against </span><span>James Vorley </span><span>and </span><span>Cedric Chanu</span><span>, former precious metals traders, for spoofing and engaging in a deceptive or manipulative scheme, in violation of the Commodity Exchange Act (CEA) and CFTC regulations. </span></p>