The CFTC entered into a final agreement with two publicly-traded companies to settle charges for wheat futures price manipulation.
The Business Conduct Committee of the Chicago Board of Trade banned a trader for violating rules prohibiting wash trades and committing other trade-related offenses.
Two companies that had agreed to a settlement in a wheat futures price manipulation case, filed a motion for contempt against the CFTC for allegedly violating "gag order" provisions of the agreement.
Two companies agreed to pay $16 million to settle CFTC charges of wheat futures price manipulation. The CFTC agreed not to make "any public statement about this case."