Chicago Futures Commission Merchant Tenco, Inc. Settles CFTC Charges that it Failed to Diligently Supervise and Placed Trades Without Proper Authorization Settlement

CFTC release 6098-11 · 2011-08-26 · view on cftc.gov ↗

Key facts

Release number: 6098-11
Release date: 2011-08-26
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6098-11

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.