A federal court in New York City denied a request by the Commodity Futures Trading Commission to permanently bar Fan Wang, a former energy trader, from trading on all markets even though he previously pleaded guilty to making false entries in his employers records related to his unauthorized purchase of New York Mercantile Exchange crude oil futures contracts on November 16, 2011. In connection with this, Mr. Wang pleaded guilty and was sentenced to three years imprisonment. He also settled a CFTC enforcement action related to the same matter. The court denied the CFTC’s request for a trading ban because the Commission did not show that Mr. Wang was “likely to commit further violations of [applicable law] in the future.” (Click here for background regarding Mr. Wang’s legal issues in the article “Energy Trader Charged by CFTC for Making False Entries in Employer’s Records” in the September 11, 2016 edition of Bridging the Week.)