CFTC Charges People’s Alternative, Inc. and its Principals with Commodity Pool Fraud and Misappropriation Fraud

CFTC release 5904-10 · 2010-09-29 · view on cftc.gov ↗

Key facts

Release number
5904-10
Release date
2010-09-29
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/5904-10

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.