# Georgia Court Imposes Fines and Other Sanctions Against Atlanta-Based Saxon Financial Services Inc., Charged by the CFTC with Commodity Option Fraud

> CFTC release 5705-09 · 2009-08-27 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 5705-09
- **Release date:** 2009-08-27
- **Type:** Fraud
- **Title:** Georgia Court Imposes Fines and Other Sanctions Against Atlanta-Based Saxon Financial Services Inc., Charged by the CFTC with Commodity Option Fraud
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5705-09

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 5705-09, "Georgia Court Imposes Fines and Other Sanctions Against Atlanta-Based Saxon Financial Services Inc., Charged by the CFTC with Commodity Option Fraud", 2009-08-27. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/cftc-action/5705-09.

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