Lake Shore Asset Management Limited, a Registered Commodity Pool Operator and Commodity Trading Advisor, Charged with Refusing to Make Its Books and Records Available to CFTC for Inspection Commodity pool fraud

CFTC release 5349-07 · 2007-06-29 · view on cftc.gov ↗

Key facts

Release number: 5349-07
Release date: 2007-06-29
Type: Commodity pool fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5349-07

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.