CFTC Sues Virginia-based Financial Investments, Inc. for Repeatedly Failing to File Annual Reports in a Timely Manner for a Commodity Pool It Operated Commodity pool fraud

CFTC release 5789-10 · 2010-03-09 · view on cftc.gov ↗

Key facts

Release number: 5789-10
Release date: 2010-03-09
Type: Commodity pool fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5789-10

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.