CFTC Settles Charges against Kuen Cheol Song for Illegal, Fictitious Trading Scheme Settlement

CFTC release 6023-11 · 2011-04-13 · view on cftc.gov ↗

Key facts

Release number
6023-11
Release date
2011-04-13
Type
Settlement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/6023-11

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.