U.S. Commodity Futures Trading Commission Files and Settles Charges Against Illinois Resident for Indirectly Trading Against His Customer Orders at the Chicago Mercantile Exchange Settlement

CFTC release 5272-07 · 2007-01-09 · view on cftc.gov ↗

Key facts

Release number: 5272-07
Release date: 2007-01-09
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5272-07

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.