CINERGY MARKETING & TRADING, LP FOUND TO HAVE REPORTED FALSE ENERGY PRICES; Agrees to Pay a $3 Million Civil Monetary Penalty to Settle CFTC Charges Settlement

CFTC release 5020-04 · 2004-11-16 · view on cftc.gov ↗

Key facts

Release number: 5020-04
Release date: 2004-11-16
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5020-04

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.