Futures Commission Merchant Nations Investments, LLC and Members of Two South Florida Families Ordered to Pay $5.4 Million to Settle Undercapitalization and False Statement Charges Brought by the CFTC Settlement

CFTC release 5538-08 · 2008-09-03 · view on cftc.gov ↗

Key facts

Release number: 5538-08
Release date: 2008-09-03
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5538-08

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.