CFTC FINDS THAT NORMAN EISLER MANIPULATED SETTLEMENT PRICES; Norman Eisler and First West Trading, Inc. to Pay Civil Penalty of $4.9 Million Market manipulation

CFTC release 4880-04 · 2004-01-21 · view on cftc.gov ↗

Key facts

Release number: 4880-04
Release date: 2004-01-21
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4880-04

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.