Notices of Covered Actions

Notice of Covered Action

March 4, 2022

Notice of Covered Action No. 2022-004 – Propex Derivatives Pty Ltd. and Jiongsheng Zhao

Award Claims Due No Later than June 2, 2022

The Commodity Futures Trading Commission hereby gives notice that individuals may submit whistleblower award claims within 90 days from today’s date for the following matter:

Press Release: PR8105-20 - CFTC Orders Australian Company to Pay $1 Million for Spoofing

Order: Propex Derivatives Pty Ltd. (CFTC Docket No. 20-12, Jan. 21, 2020)

Press Release: PR8395-21 - Federal Court Sanctions Australian Trader for Spoofing and Engaging in a Manipulative and Deceptive Scheme

Order: Jiongsheng Zhao (Case No. 1:18-cv-00620, N.D. Ill., Jun. 4, 2021)

The Commission posts Notices of Covered Actions for each Commission enforcement action where a final judgment or order – by itself or together with prior judgments or orders in the same action issued after July 21, 2010 – results in monetary sanctions exceeding $1 million.

Individuals who voluntarily provided the Commission with original information after July 21, 2010 that led to the successful enforcement of a Covered Action are eligible to claim a whistleblower award.

To make an award claim, you must submit a Form WB-APP by mail or facsimile to the following address:

Commodity Futures Trading Commission
Whistleblower Office
1155 21st Street, NW
Washington, DC 20581
Fax: (202) 418-5975

All award claims for this Notice must be received no later than June 2, 2022.

Please note that by posting a Notice of Covered Action, the Commission has not made any determination that a whistleblower tip, complaint or referral led the Commission to open an investigation or file an enforcement action, or that an award to a whistleblower will be paid in connection with the action.

Please email any questions about this Notice to the Whistleblower Office at [email protected].

Notice No. 2022-004