CFTC FILES FRAUD ACTION AGAINST HEDGE FUND OPERATED BY LAKE DOW CAPITAL; Federal Court Freezes Assets of Hedge Fund and its Operator Fraud

CFTC release 5135-05 · 2005-10-24 · view on cftc.gov ↗

Key facts

Release number
5135-05
Release date
2005-10-24
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5135-05

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.