April 13, 2012
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed a Notice of Intent to Revoke the Registration (Notice) of Robert Wayne Mansell, a resident of Chicago, Ill., who has been registered as a floor broker with trading privileges at the Chicago Board of Trade since 1989. The CFTC simultaneously issued an Opinion and Order (Order), settling the action and revoking Mansell’s registration.
The Notice alleges that, pursuant to the Commodity Exchange Act (CEA), Mansell was subject to a disqualification of his registration based upon his plea of guilty to a felony charge of attempting to possess with the intent to distribute cocaine, in violation of 21 U.S.C. § 846, in the criminal action United States v. Mansell, Case No. 10-cr-864 (N.D. Ill.). Mansell is awaiting sentencing in that action by Federal District Judge Joan B. Gottschall. As a part of the plea agreement, Mansell agreed to consent before sentencing to the revocation of his commodities floor broker registration by the Commission and to be barred from reapplying as a commodities floor broker. The CFTC’s Order accepts the offer of settlement.
CFTC Division of Enforcement staff members responsible for this case are Carlin Metzger, Joseph Konizeski, Scott Williamson, Rosemary Hollinger, and Richard Wagner.
Last Updated: April 13, 2012