Ecoval Dairy Trade, Inc. Ordered to Pay $1,425,000 Penalty to Settle CFTC Charges of Attempted Manipulation of Non Fat Dry Milk Futures Prices Market manipulation

CFTC release 6075-11 · 2011-07-20 · view on cftc.gov ↗

Key facts

Release number: 6075-11
Release date: 2011-07-20
Type: Market manipulation
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6075-11

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.