Bobby Valentine, the 1999 Moustache Incident, and a Current US CFTC Division of Enforcement Action: Deja Vu All Over Again?

Last the week the CFTC filed a Complaint and Consent that sounded vaguely like the June 1999 incident where after being ejected from a ballgame between the NY Mets and the Toronto Blue Jays, the Mets’ manager, Bobby Valentine, surreptitiously re-appeared in the dugout wearing a fake moustache and sunglasses disguise. Major League Baseball was not amused, and either was the CFTC’s Division of Enforcement when Michael Peskin, who was barred from trading futures in 1992, surreptitiously traded again incognito through friends’ accounts at two futures brokers beginning in 2006.