CFTC Files Enforcement Action against Singapore National Kuen Cheol Song for Engaging in an Illegal Trading Scheme Other enforcement

CFTC release 5806-10 · 2010-04-13 · view on cftc.gov ↗

Key facts

Release number
5806-10
Release date
2010-04-13
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5806-10

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.