# The CFTC Sanctions Two Canadian Firms $500,000 for Entering into Unlawful Wash Sales

> CFTC release 5776-10 · 2010-01-29 · **Other enforcement** · ENFORCEMENT

## Key facts

- **Release number:** 5776-10
- **Release date:** 2010-01-29
- **Type:** Other enforcement
- **Title:** The CFTC Sanctions Two Canadian Firms $500,000 for Entering into Unlawful Wash Sales
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/5776-10

## 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 5776-10, "The CFTC Sanctions Two Canadian Firms $500,000 for Entering into Unlawful Wash Sales", 2010-01-29. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/5776-10.

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