<p><span>One of the Commission’s core functions is to ensure that derivatives markets have integrity and that there is no market manipulation and excess speculation that can artificially increase prices. This function is particularly important since the pandemic when families have faced hard choices at the grocery store given increased costs of food. In order to prevent excessive speculation, the Commission requires limits on trader positions—limits set by exchanges, and enforced against market participants.</span></p>
<p><span>One of the Commission’s core functions is to ensure that derivatives markets have integrity and that there is no market manipulation and excess speculation that can artificially increase prices. This function is particularly important since the pandemic, when families have faced hard choices at the grocery store given increased costs of food. In order to prevent excessive speculation, the Commission requires limits on trader positions—limits set by exchanges, and enforced against market participants. Brokers (referred to as futures commission merchants (FCMs)) serve as critical gatekeepers in preventing excessive speculation.</span></p>
RICHLAND, Wash. – Eric Christian, age 34, of Kennewick, Washington, was sentenced to serve 46-months in federal prison for conspiring with inmates of the Benton County Jail to smuggle contraband into the jail in exchange for money.
(Yakima, WA) 51-year-old Cody Easterday of Mesa was sentenced to serve 132-months in federal prison for defrauding Tyson Foods and another company out of