Page 17 - 期货和衍生品行业监管动态（2023年8月刊）
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期货和衍生品行业监管动态
series of fully-displayed orders on the opposite side of the order book at the first few
price levels that he intended to cancel before execution (spoof orders). After Cobb-
Webb’s iceberg order received fills, Cobb-Webb would cancel his fully-displayed
spoof orders. Cobb-Webb engaged in this pattern of trading on a daily basis during the
relevant period.
Cobb-Webb’s fully-displayed spoof orders typically constituted a large percentage
of orders resting at the top price levels at the time they were placed. The quantity of
Cobb-Webb’s spoof orders also was often several times larger than the visible quantity
of Cobb-Webb’s iceberg orders. Cobb-Webb entered the spoof orders with intent to
cancel, and to create a false impression of buying or selling interest that would induce
other market participants to cross the bid-ask spread and fill his iceberg orders. Cobb-
Webb knew or recklessly disregarded that the spoof orders would create the false
appearance of market depth and result in misinformation about supply and demand that
could affect market activity.
https://www.cftc.gov/PressRoom/PressReleases/8760-23
2. 美国联邦法院判令佛罗里达州商品基金管理人支付约 900 万美元的赔偿金
（2023 年 8 月 7 日）
救济被告被判令没收违法所得超过 230 万美元
美国商品期货交易委员会（CFTC）宣布，美国佛罗里达州南区联邦地方法
院地方法官 William Matthewman 签发同意令，了结 CFTC 对被告 Bluprint LLC
和救济被告（relief defendant）Kalpana Patel 的指控。
对 Bluprint 签发的同意令认定其违反了《美国商品交易法》（CEA） 和 CFTC
联邦法规中关于禁止欺诈、要求商品基金管理人和相关人员注册，以及要求某些
商品基金进行披露和报告的规定。对 Kalpana Patel 签发的同意令认定其接收了
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