CFTC FINDS THAT COLORADO TRADING ADVISOR USED WEBSITE TO MISLEAD PUBLIC ABOUT PROFITABILITY OF COMMODITY FUTURES TRADING SYSTEMS AND SERVICES; Respondents Roy M. Sidewitz and Qi2 Technologies, Inc. Settle Charges That They Made False Claims About Commodity Futures Products and Services Settlement

CFTC release 4915-04 · 2004-04-15 · view on cftc.gov ↗

Key facts

Release number: 4915-04
Release date: 2004-04-15
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4915-04

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.