Earlier this year, NYMEX levied $3.1 million in penalties against Ruggles for the same actions and barred him for life.
Ruggles, who lived in Atlanta while working for Delta, now lives in Orlando.
Ruggles “owed a duty of trust and confidence to act in the employer’s best interest,” but breached those duties and “misappropriated the employer’s confidential, material, nonpublic trading information for his own personal benefit,” the CFTC said in a press release.
In a written statement, CFTC director of enforcement Aitan Goelman called that fraud, saying it “undermines the integrity of the derivatives markets. We will continue to be vigilant in clamping down on such abuses.”