Dallas Court Order Imposes More than $4.9 Million in Monetary and Other Sanctions against Carl W. King and Carl W. King Investments, LLP in Anti-Fraud Action Brought by the CFTC Fraud

CFTC release 5343-07 · 2007-06-05 · view on cftc.gov ↗

Key facts

Release number: 5343-07
Release date: 2007-06-05
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5343-07

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.