Page 32 - 期貨和衍生品行業(yè)監(jiān)管動(dòng)態(tài)（2024年8月刊）

期貨和衍生品行業(yè)監(jiān)管動(dòng)態(tài)

的 5000 份超出 2091 份。2022 年 6 月 15 日，Vitol 的持倉(cāng)相當(dāng)于 6074 份合約，

比聯(lián)邦投機(jī)持倉(cāng)限額規(guī)定的 6000 份超出 74 份。而在 2022 年 6 月 16 日，Vitol

的持倉(cāng)相當(dāng)于 6594 份合約，比當(dāng)日聯(lián)邦投機(jī)持倉(cāng)限額規(guī)定的 5000 份超出 1594

份。

命令還指出，2022 年 12 月 5 日，Vitol 持有 771 份 2022 年 12 月的 CME 活

牛期貨合約。這比聯(lián)邦現(xiàn)貨月投機(jī)持倉(cāng)限額規(guī)定的 600 份合約超出 171 份。

CFTC Orders Multinational Commodities Trading Firm to Pay $500,000 Penalty

for Federal Position Limit Violations (2024/8/14)

Matter Represents First Ever Cross-Exchange Violation Charge

The Commodity Futures Trading Commission today issued an order filing and

settling charges against Vitol, Inc., based in Houston, Texas, and its affiliate, Vitol SA,

headquartered in Geneva, Switzerland (collectively Vitol) for exceeding the CFTC’s

position limits on aggregate positions across multiple exchanges in contracts that

reference crude oil futures traded on the New York Mercantile Exchange (NYMEX)

and for exceeding the CFTC’s position limits in live cattle futures contracts traded on

the Chicago Mercantile Exchange (CME). The order requires Vitol to pay a $500,000

civil monetary penalty.

This marks the CFTC’s first use of its authority to enforce position limits on

aggregate positions held on multiple exchanges. In addition to imposing a penalty, the

order requires Vitol to cease and desist from further violations of Sections 4a(b) of the

Commodity Exchange Act and CFTC Regulation 150.2, as charged.

“Federal position limits provide an important prophylactic against manipulation,”

said Director of Enforcement Ian McGinley. “Today’s action shows the CFTC will use

its ability to look at positions on and across exchanges to enforce compliance and

protect the integrity of the futures markets.”

Case Background

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