The Commodity Futures Trading Commission has settled charges against Alvin Perez, a former New York Mercantile Exchange Compliance Department Clerk, for disclosing non-public information to NYMEX floor brokers.
The CFTC issued an order on August 26, 2008, permanently prohibiting Perez, of Staten Island, New York, from working for an exchange or any other firm required to be registered with the CFTC.
The order also permanently bars Perez from acting as a principal, agent, or any other officer or employee of any exchange, registered futures association, self-regulatory organization, or person registered, exempted from registration, or required to be registered with the CFTC. The order recognizes Perezs cooperation in this matter.