Federal Court Finds Ohio Corporation Carnegie Trading Group, Ltd., Inc. and its President, John Glase, Liable for Acts of Employees in Fraudulent Sales Solicitation Case Brought by the CFTC Fraud

CFTC release 5197-06 · 2006-07-14 · view on cftc.gov ↗

Key facts

Release number: 5197-06
Release date: 2006-07-14
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5197-06

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.