French Company Banque CIAL Agrees to Pay Civil Penalty to Settle U.S. Commodity Futures Trading Commission Charges that it Engaged in Wash Sales in the Treasury Futures Markets Settlement

CFTC release 5393-07 · 2007-09-29 · view on cftc.gov ↗

Key facts

Release number: 5393-07
Release date: 2007-09-29
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5393-07

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.