CFTC Fines Swiss Company Barry Callebaut Sourcing AG for Executing Illegal Wash Trades on U.S. Markets Wash trades / fictitious trading

CFTC release 4927-04 · 2004-05-13 · view on cftc.gov ↗

Key facts

Release number: 4927-04
Release date: 2004-05-13
Type: Wash trades / fictitious trading
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4927-04

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.