U.S. Commodity Futures Trading Commission Charges Two Staten Island Hedge Funds And Their Principal With Stealing Millions Of Dollars In Foreign Currency Scheme Other enforcement

CFTC release 5153-06 · 2006-01-31 · view on cftc.gov ↗

Key facts

Release number: 5153-06
Release date: 2006-01-31
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5153-06

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.