CFTC Orders Energy Broker and Its Owner to Pay Over $1.5 Million for Misappropriating Confidential Customer Information and Other Violations
October 01, 2019
October 01, 2019
WASHINGTON, Oct. 1 -- The Commodity Futures Trading Commission issued the following enforcement news release:
The U.S. Commodity Futures Trading Commission announced today that it issued an order filing and settling charges against introducing broker Classic Energy LLC and its owner Mathew D. Webb of Houston, Texas for misusing material, nonpublic order information in connection with block trades in natural gas futures on ICE Futures US, as well as related supervision and recordkeep . . .
The U.S. Commodity Futures Trading Commission announced today that it issued an order filing and settling charges against introducing broker Classic Energy LLC and its owner Mathew D. Webb of Houston, Texas for misusing material, nonpublic order information in connection with block trades in natural gas futures on ICE Futures US, as well as related supervision and recordkeep . . .