Michigan Federal Court Orders Florida Corporations Millenium Trading Group LLC and Worldwide Clearing LLC, and Florida Resident Cedric Stanton, to Pay More Than $10 Million in Sanctions Other enforcement

CFTC release 5420-07 · 2007-12-07 · view on cftc.gov ↗

Key facts

Release number: 5420-07
Release date: 2007-12-07
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5420-07

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.