Federal Court Orders New Jersey Resident James I. Weiss and Clearview Capital Management, Inc. to Pay Sanctions of $800,000 in Foreign Currency Fraud Case Fraud

CFTC release 5046-05 · 2005-02-02 · view on cftc.gov ↗

Key facts

Release number
5046-05
Release date
2005-02-02
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5046-05

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.