CFTC Sanctions Hedge Fund EMF Financial Products, LLC $4 Million to Settle CFTC Charges that EMF Made False Statements Concerning Its Market Positions to the Chicago Board of Trade Settlement

CFTC release 5751-09 · 2009-11-14 · view on cftc.gov ↗

Key facts

Release number: 5751-09
Release date: 2009-11-14
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5751-09

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.