# CFTC Charges Susan G. Davis, David E. Howard II, Joseph Burgos, and their Companies with Fraud in Off-Exchange Foreign Currency Scheme

> CFTC release 6083-11 · 2011-07-29 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6083-11
- **Release date:** 2011-07-29
- **Type:** Fraud
- **Title:** CFTC Charges Susan G. Davis, David E. Howard II, Joseph Burgos, and their Companies with Fraud in Off-Exchange Foreign Currency Scheme
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6083-11

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 6083-11, "CFTC Charges Susan G. Davis, David E. Howard II, Joseph Burgos, and their Companies with Fraud in Off-Exchange Foreign Currency Scheme", 2011-07-29. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/6083-11.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*