U.S. COMMODITY FUTURES TRADING COMMISSION CHARGES GREENSBORO, NORTH CAROLINA RESIDENT ROGER OWEN & HIS COMPANIES CHARGED WITH DEFRAUDING CUSTOMERS IN SALES OF A COMMODITY TRADING SYSTEM Other enforcement

CFTC release 5023-04 · 2004-12-02 · view on cftc.gov ↗

Key facts

Release number: 5023-04
Release date: 2004-12-02
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5023-04

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.