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A judge gave them both short sentences, saying the recommended prison terms would be too long.
As the number grew, Congress increased the recommended prison terms and established a mandatory minimum sentence of five years for anyone convicted of receiving child pornography.
Under the Federal Sentencing Guidelines, the recommended prison term will be two to three years, so if he is convicted he will pay a heavy price for some pretty unsophisticated insider trading.
In a fraud case like this one, the defendants could be looking at recommended prison terms of more than 15 years if even a portion of JPMorgan's losses on the swaps were attributed to their violations.
The Federal Sentencing Guidelines provide an additional incentive to those who plead guilty by reducing the recommended sentence for "acceptance of responsibility," which in this case further reduced the recommended prison term by a little over a year.
In a plea agreement that called for a recommended prison term of 15 to 20 years, he admitted eight counts of extortion affecting interstate commerce and one count of use of fire to commit a felony.
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The ombudsman recommended prisons act more robustly to allegations of bullying, as well as more timely referrals for mental health treatment.
Prosecutors are expected to recommend prison time for both men.
The government has designated a prisons ombudsman since 1993 to monitor conditions and recommend prison reforms.
In recommending prison terms for insider trading, the federal sentencing guidelines for insider focus primarily on the financial gains made by a defendant.
MADRID -- Spain's attorney general said Thursday that he would recommend prison sentences of as long as eight years for air traffic controllers found guilty of staging an illegal strike that shut down airports around the country last weekend.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com