U.S. COMMODITY FUTURES TRADING COMMISSION CHARGES ATLANTA TRADING FIRM, RISK CAPITAL TRADING GROUP, INC. WITH DEFRAUDING CUSTOMERS; Firm and Certain Traders Allegedly Made False Claims that Accounts Would Make Large Profits With Little Risk Due to Political Events, Such as the War in Iraq; Court Enters Restraining Order Freezing Risk Capital Trading Group's Assets and Protecting Books and Records Other enforcement

CFTC release 4835-03 · 2003-09-08 · view on cftc.gov ↗

Key facts

Release number: 4835-03
Release date: 2003-09-08
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4835-03

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.