CFTC Fines Cantor Fitzgerald Over Gasoline 'Wash' Trades

摘要

Saying the brokerage firm carried out prohibited "wash" sales of reformulated gasoline futures in violation of federal law, the Commodity Futures Trading Commission announced last week it has slapped Cantor Fitzgerald & Co. with a $100,000 fine for allegedly engaging in trades involving the simultaneous purchase and sale of the same amount of reformulated gasoline at the same price.