Florida-Based E-Metal Merchants, Inc. and Two Officers Ordered to Pay More Than $10 Million in Restitution and Penalties in Illegal Off-Exchange Metal Options Case Other enforcement

CFTC release 5485-08 · 2008-04-15 · view on cftc.gov ↗

Key facts

Release number: 5485-08
Release date: 2008-04-15
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5485-08

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.