CFTC Charges Texas Man and His Company With Defrauding Customers of $4.5 Million Other enforcement

CFTC release 5226-06 · 2006-09-15 · view on cftc.gov ↗

Key facts

Release number
5226-06
Release date
2006-09-15
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5226-06

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.