That's my take as well. Just a little slap on the wrist, and off they go. Business as usual. Laws are laws and they are bent everyday, especially by the ppl in charge.
That doesn't make sense, if he pressed the market order button short, the market should have tanked as the bulls looked to get better fills as the market dropped, if the market shot up as it filled his orders he would have got more favourable fills as he was shorting from a high prices.
correction.. i guess it is that easy to make a mistake.. you are correct.. buy limit is Correct.. most likely covering and didn't want to move market to high while covering.. but market order changed all of that.
You need to realize just who Mann-Financial is. The fact that the CME made some rather supportive "comments" regarding MF is quite telling.
Man didn't violate any laws. Margin is an EOD affair. The trade was closed before CME margins were an issue. FYI: Dooley's position was short. If you pull up a 5 minute ZW chart with volume you'll see a couple of 3000 contract bars around 5 in the morning. That's Dooley selling. Those big volume, mega rally bars after the RTH open are Man covering.