CFTC CHARGES NORTH CAROLINA RESIDENT JOHN POOLE WITH FRAUD; CFTC Alleges that Poole, as a Commodity Trading Advisor, Made False Representations on His Website Regarding the Profitability of His Commodity Trading System Fraud

CFTC release 5130-05 · 2005-10-18 · view on cftc.gov ↗

Key facts

Release number: 5130-05
Release date: 2005-10-18
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5130-05

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.