September 29, 2016
Posted September 29, 2016
The CFTC ordered Jon P. Ruggles of Orlando, Florida, to disgorge over $3.5 million in trading profits and to pay a $1.75 million penalty for engaging in fraudulent, fictitious, and noncompetitive trades in crude oil and heating oil futures and options and RBOB gasoline futures on the New York Mercantile Exchange. CFTC
Tagged in: Fraud in CFTC-Regulated Markets,