Southern Texas Court Orders Nexgen Software Systems, Inc., to Pay Civil Monetary Penalty for Failure to Register as a Commodity Trading Advisor Other enforcement

CFTC release 5216-06 · 2006-08-11 · view on cftc.gov ↗

Key facts

Release number: 5216-06
Release date: 2006-08-11
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5216-06

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.