U.S. District Court for the Middle District of Florida Permanently Prohibits Defendant in CFTC Anti-Fraud Action from Commodity Futures and Options Trading Fraud

CFTC release 5251-06 · 2006-10-27 · view on cftc.gov ↗

Key facts

Release number: 5251-06
Release date: 2006-10-27
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5251-06

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.