CFTC Orders Illinois Traders Andrew Daniels, Ed Taylor and Daniels Trading Group LLC to Pay $2 Million and Imposes Trading Prohibition for Violating Rough Rice Speculative Position Limits and Concealing Material Facts from the CME Group Other enforcement

CFTC release 5975-11 · 2011-01-27 · view on cftc.gov ↗

Key facts

Release number: 5975-11
Release date: 2011-01-27
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/5975-11

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.