CFTC Charges Citigroup Trader Otmane El Rhazi, a Moroccan National, with Unlawful Trading and Misappropriation from a Citibank Proprietary Account Other enforcement

CFTC release 6025-11 · 2011-04-19 · view on cftc.gov ↗

Key facts

Release number: 6025-11
Release date: 2011-04-19
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6025-11

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.