FEDERAL COURT ORDERS SOUTHERN CALIFORNIA FOREIGN CURRENCY SALESMEN TO REPAY CUSTOMERS MORE THAN $870,000 Other enforcement

CFTC release 4940-04 · 2004-06-15 · view on cftc.gov ↗

Key facts

Release number
4940-04
Release date
2004-06-15
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/4940-04

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.