THE U.S. COMMODITY FUTURES TRADING COMMISSION FILES AND SETTLES ENFORCEMENT ACTION INVOLVING TENNESSEE COMMODITY TRADING ADVISOR TERRY EDWARD JONES; Jones Touted Hypothetical Trading Results as Real Settlement

CFTC release 4811-03 · 2003-07-03 · view on cftc.gov ↗

Key facts

Release number: 4811-03
Release date: 2003-07-03
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4811-03

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.