CFTC Sanctions Four Commodity Pool Operators for Failing to File Timely Reports with the National Futures Association Commodity pool fraud

Key facts

Release number

5596-09

Release date

2009-01-10

Type

Commodity pool fraud

Primary source

https://www.cftc.gov/PressRoom/PressReleases/5596-09

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.