<p><span>The Commodity Futures Trading Commission today announced the U.S. District Court for the Northern District of Illinois entered a consent order on December 7, resolving CFTC charges that Roman Banoczay Jr. (Banoczay Jr.) of Bratislava, Slovakia, as an agent of Roman Banoczay Sr. (Banoczay Sr.) and their company, BAZUR Spol. S.R.O. (BAZUR), engaged in spoofing and in a manipulative and deceptive scheme to defraud in the Chicago Mercantile Exchange (CME) crude oil futures market in violation of the Commodity Exchange Act (CEA) and CFTC regulations. </span></p>
<p><span>The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against </span><span>UBS AG, </span><span>a provisionally registered swap dealer, for failing to retain certain audio recordings for the time required under CFTC regulations. The order finds that as a result of failures in UBS’s audio retention systems, the firm deleted over 1,000 hours of audio data after one day, including voice recording files that were required by CFTC regulations to be retained for one year. The order requires UBS to pay a $500,000 civil monetary penalty and to cease and desist from further violations of CFTC regulations, as charged.</span></p>
<p><span>The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Cargill Inc., a provisionally registered swap dealer doing business through its Cargill Risk Management business unit, for failing to comply with its reporting obligations as a swap dealer and failing to supervise its reporting obligations adequately. The order requires Cargill to pay a $750,000 civil monetary penalty and to cease and desist from any further violations of the Commodity Exchange Act or CFTC regulations, as charged.</span></p>
<p><span>The Commodity Futures Trading Commission today announced that it filed a civil enforcement action in the U.S. District Court for the District of Massachusetts against </span><span>Uduakobong Udo Inyangudo a/k/a Alexander Uti Bassey</span><span> of Lagos, Nigeria; </span><span>Vanessa B. Okocha</span><span> of Houston, Texas; </span><span>Amen M. Okundaye</span><span> of Houston, Texas </span><span>Charles A. Ochi</span><span> of Grant Prarie, Texas; </span><span>Diego I. Okeh</span><span> of Brooklyn, Maryland; </span><span>Daniell N. Liggins</span><span> of Dallas/Ft. Worth, Texas; </span><span>Victor O. Edeh</span><span> of Waltham, Massachusetts; and </span>&
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