Tennessee Foreign Currency Firm FxTrade Financial, LLC, and Jeffrey Mischler, its CEO and Managing Partner, Along with Seven Others, Agree to Order Finding that They Violated Court Orders Preventing Dissipation of Customer Funds Other enforcement

CFTC release 5051-05 · 2005-02-24 · view on cftc.gov ↗

Key facts

Release number: 5051-05
Release date: 2005-02-24
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5051-05

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.