Action against Respondents, former precious-metals traders, for alleged spoofing.  According to the CFTC, Respondents placed orders for futures contracts with the intent to cancel them before execution in order to manipulate prices.  The CFTC has reserved decision on monetary sanctions pending Respondents’ fulfillment of their cooperation agreements with the CFTC.  Respondents have pleaded guilty in parallel criminal proceedings.

CFTC Order (Flaum)

CFTC Order (Edmonds)

CFTC Press Release