CFTC CHARGES THREE ADDITIONAL DEFENDANTS IN PENDING TENNESSEE FRAUD ACTION; Amended Complaint Alleges that Gordon J. Vandeveld, Ernst H. Behr, and Reverie LLC Made Fraudulent Misrepresentations When Soliciting Customers to Purchase Foreign Currency Futures Fraud

CFTC release 4993-04 · 2004-09-20 · view on cftc.gov ↗

Key facts

Release number: 4993-04
Release date: 2004-09-20
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/4993-04

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.