Federal Court Finds that Oklahoma Trader Randy Steve Lanier Defrauded Customers in a Commodity Scheme Involving Misappropriation of Customer Funds Other enforcement

CFTC release 5179-06 · 2006-05-05 · view on cftc.gov ↗

Key facts

Release number: 5179-06
Release date: 2006-05-05
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5179-06

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.