London-based Forex Capital Markets Ltd. Ordered to Pay $140,000 Penalty to Settle CFTC Charges of Acting as an Unregistered Retail Forex Exchange Dealer Settlement

CFTC release 6087-11 · 2011-08-04 · view on cftc.gov ↗

Key facts

Release number: 6087-11
Release date: 2011-08-04
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6087-11

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.