CFTC Charges Kent R.E. Whitney with Options Fraud by Making False and Misleading Statements to the CME, Futures Commission Merchants and Others Fraud

Key facts

Release number

5952-10

Release date

2010-12-11

Type

Fraud

Primary source

https://www.cftc.gov/PressRoom/PressReleases/5952-10

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.