Michigan-Based Aurifex Commodities Research Co. Ordered to Pay a Total of $150,000 in Restitution and Civil Monetary Penalties to Resolve CFTC Charges of “Private Hedge Fund” Fraud Fraud

CFTC release 5573-08 · 2008-11-26 · view on cftc.gov ↗

Key facts

Release number: 5573-08
Release date: 2008-11-26
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5573-08

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.