CFTC Sanctions Houston-based Vitol Inc. and Vitol Capital Management Ltd. $6 Million for Willfully Failing to Disclose Material Facts to the New York Mercantile Exchange Other enforcement

CFTC release 5894-10 · 2010-09-15 · view on cftc.gov ↗

Key facts

Release number: 5894-10
Release date: 2010-09-15
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5894-10

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.