CFTC Sanctions Citigroup Private Bank GP, Inc. for Failure to File Annual Reports on Time for the Commodity Pools it Operates Commodity pool fraud

CFTC release 5727-09 · 2009-10-02 · view on cftc.gov ↗

Key facts

Release number: 5727-09
Release date: 2009-10-02
Type: Commodity pool fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5727-09

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.