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<p><span>The Commission brought a civil enforcement case connected to a criminal insider trading conspiracy in natural gas markets referred to as the Classic Energy cases. The follow-on CFTC civil case is against co-conspirator, and former Classic Energy broker Lee Tippett, who awaits sentencing after his criminal conviction for conspiracy to commit honest services wire fraud and commodities fraud. I supported the Commission’s enforcement action against the defendant. However, I did not support settling that action prior to an upcoming trial ...
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