Support Swells for Developer in Spoofing Software Case

Petition for Chicago programmer Jitesh Thakkar nears its goal as industry worries about precedent CFTC enforcement case could set.

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A petition in support of Chicago software developer Jitesh Thakkar has passed its initial goal of 1,500 signatures.

The petition can be seen on Change.org and is addressed to four US senators including House Financial Services chairwoman Maxine Waters. As of 11am ET on Monday, 1,557 people had added their signature, and the site updated the goal to 2,500.

John Lothian, who leads a media and financial services company in Chicago, started the petition to bring attention to the case of Thakkar,

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