CFTC Orders U.S. Trading Firm to Pay $800,000 Penalty for Federal Natural Gas Futures Position Limits Violations
September 25, 2024
September 25, 2024
WASHINGTON, Sept. 25 -- The Commodity Futures Trading Commission issued the following enforcement news release:
The Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against (Aspire) for exceeding the federal spot month speculative position limits for cash-settled reference contracts to the New York Mercantile Exchange's (NYMEX) physically-delivered Henry Hub Natural Gas (NG) futures contract on seven occasions from 2022 to 2 . . .
The Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against (Aspire) for exceeding the federal spot month speculative position limits for cash-settled reference contracts to the New York Mercantile Exchange's (NYMEX) physically-delivered Henry Hub Natural Gas (NG) futures contract on seven occasions from 2022 to 2 . . .