Hedge Fund Moore Capital Management, LP, and Its Affiliates Moore Capital Advisors, LLC and Moore Advisors, Ltd., Ordered to Pay a $25 Million Penalty to Settle CFTC Charges of Attempted Manipulation of Platinum and Palladium Futures Settlement Prices Market manipulation

CFTC release 5815-10 · 2010-04-30 · view on cftc.gov ↗

Key facts

Release number: 5815-10
Release date: 2010-04-30
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5815-10

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.