CFTC Orders Registered Floor Broker Thomas Carroll and Trader R. Scott Hopkins to Pay Civil Monetary Totaling $700,000 for Engaging in a Fraudulent Trade Allocation Scheme Fraud

CFTC release 5956-10 · 2010-12-22 · view on cftc.gov ↗

Key facts

Release number: 5956-10
Release date: 2010-12-22
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5956-10

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.