CFTC Revokes Registration of Illinois Floor Broker, Donald R. Van Patten Registration / supervisory violation

Key facts

Release number

4907-04

Release date

2004-04-01

Type

Registration / supervisory violation

Primary source

https://www.cftc.gov/PressRoom/PressReleases/4907-04

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.