Thomas Lindstrom, the former options trader who engaged in unauthorized trading activities that led to a US $14 million loss for his employer, settled an enforcement action for his conduct with the Commodity Futures Trading Commission. Mr. Lindstrom agreed to pay a penalty of US $855,000 and restitution of US $14 million. Mr. Lindstrom pleaded guilty to criminal charges related to his matter in January 2018, and will be sentenced later this year. (Click here for background in the article “Trader Indicted for Exploiting Minimum Futures Pricing Convention to Hide Trading Losses and Causing Firm Collapse; CFTC Also Files Civil Charges” in the December 2, 2016 edition of Bridging the Week.)