CFTC Charges Florida Couple and their Company, Queen Shoals Consultants, LLC, with Defrauding Foreign Currency Customers of More than $1.44 Million Other enforcement

CFTC release 6004-11 · 2011-03-18 · view on cftc.gov ↗

Key facts

Release number: 6004-11
Release date: 2011-03-18
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6004-11

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.