Page 36 - 期货和衍生品行业监管动态（2022年12月）

期货和衍生品行业监管动态

dollars in losses in the ranching company’s account at CHS Hedging. Customer A
and the ranching company made net margin payments of more than $147 million to

CHS Hedging over the course of those four years. According to the order, CHS

Hedging accepted the margin payments from Customer A without adequately

investigating the source of Customer A ’ s funds or reporting Customer A ’ s

transactions in a Suspicious Activity Report to the Department of the Treasury.

The order finds that Customer A ’ s trading losses were facilitated by CHS

Hedging’s failure to impose and enforce appropriate trading limits on his account.

The trading limits CHS Hedging imposed on Customer A’ account were inconsistent
s
with Customer A’s financial resources and hedging needs. Customer A frequently

exceeded his trading limits. CHS Hedging, at times, raised those limits, which

allowed Customer A to continue his speculative trading and sustain more losses.

Moreover, the order finds that CHS Hedging failed to maintain certain required

records for pre-trade communications and failed to produce certain required records

promptly or in the form requested by CFTC staff.

Related Filings

The Division of Enforcement charged Cody Easterday and Easterday Ranches

with fraud and other violations of the Commodity Exchange Act (CEA) and

regulations in Case No. 4:21-cv-5050, currently pending in the U.S. District Court for

the Eastern District of Washington.

Cody Easterday pled guilty to criminal charges arising from the aforementioned

scheme and was sentenced to 11 years in prison.

https://www.cftc.gov/PressRoom/PressReleases/8642-22

12. 美国商品期货交易委员会在针对 Sam Bankman-Fried 及其公司的诉讼中指
控 Alameda 首席执行官和 Alameda 及 FTX 的联合创始人从事欺诈行为（2022

年 12 月 21 日）

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