# CFTC FINDS LAS VEGAS MAN USED WEBSITE TO MISLEAD PUBLIC ABOUT PROFITABILITY OF HIS COMMODITY TRADING SYSTEM; Steven Matrix Settles Charges He Made False Claims About His <em>CounterPoint Method</em> Trading System

> CFTC release 4849-03 · 2003-10-07 · **Settlement** · ENFORCEMENT

## Key facts

- **Release number:** 4849-03
- **Release date:** 2003-10-07
- **Type:** Settlement
- **Title:** CFTC FINDS LAS VEGAS MAN USED WEBSITE TO MISLEAD PUBLIC ABOUT PROFITABILITY OF HIS COMMODITY TRADING SYSTEM; Steven Matrix Settles Charges He Made False Claims About His <em>CounterPoint Method</em> Trading System
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/4849-03

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 4849-03, "CFTC FINDS LAS VEGAS MAN USED WEBSITE TO MISLEAD PUBLIC ABOUT PROFITABILITY OF HIS COMMODITY TRADING SYSTEM; Steven Matrix Settles Charges He Made False Claims About His <em>CounterPoint Method</em> Trading System", 2003-10-07. Retrieved via AI Analytics 2026-07-12 from https://api.ai-analytics.org/cftc-action/4849-03.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*