Mesa, Arizona Foreign Currency Trader Ronald Stephen Holt Settles Fraud Charges with CFTC for Nearly $32 Million Fraud

CFTC release 5174-06 · 2006-04-11 · view on cftc.gov ↗

Key facts

Release number
5174-06
Release date
2006-04-11
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5174-06

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.