CFTC CHARGES FUTURES BROKER AND ITS CHAIRMAN WITH FAILURE TO RETAIN RECORDS; CFTC Alleges Professional Market Brokerage, Inc. and Huaya Lu Tung Abandoned Required Records Other enforcement

CFTC release 4804-03 · 2003-06-26 · view on cftc.gov ↗

Key facts

Release number: 4804-03
Release date: 2003-06-26
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4804-03

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.