CFTC ASSESSES PENALTIES AGAINST IRISH COMPANY TRADE EXCHANGE NETWORK LIMITED FOR OFFERING ILLEGAL COMMODITY OPTION CONTRACTS; Trade Exchange Network Cooperates with Federal Investigation and Agrees to Pay Civil Penalty of $150,000 Other enforcement

CFTC release 5124-05 · 2005-10-04 · view on cftc.gov ↗

Key facts

Release number: 5124-05
Release date: 2005-10-04
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5124-05

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.