CFTC v. David M. Nunn, Case No. 12-civ-7786 (S.D.N.Y.).  On October 18, 2012, the CFTC announced it filed charges against David M. Nunn, a former broker of ICE Futures U.S. Inc.  Dunn engaged in non-competitive and fictitious sales of coffee futures contracts.  There were more than 1300 trades involving more than $1.5 million.  The transactions were “wash sales,” which are fictitious sales or sales used to cause a price to be recorded that is not a bona fide price.  Nunn also made false statements to ICE staff which is registered with the CFTC.  The CFTC seeks injunctive relief, a trading suspension, a registration bar, and civil monetary penalties.