Paradigm Capital Management LLC of New York Ordered to Pay a $75,000 Penalty for Failure to Timely File Commodity Pool Reports Commodity pool fraud

CFTC release 5457-08 · 2008-02-15 · view on cftc.gov ↗

Key facts

Release number: 5457-08
Release date: 2008-02-15
Type: Commodity pool fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5457-08

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.