CFTC CHARGES EQUITY FINANCIAL GROUP LLC, A NEW JERSEY COMPANY, AND OTHERS WITH FRAUDULENTLY SOLICITING MORE THAN $5.7 MILLION FROM INVESTORS IN THE SHASTA CAPITAL ASSOCIATES, LLC HEDGE FUND; Shasta Recently Hailed as "Hedge Fund of the Week," Fraud

CFTC release 4908-04 · 2004-04-06 · view on cftc.gov ↗

Key facts

Release number: 4908-04
Release date: 2004-04-06
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4908-04

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.