# Chicago-Based Floor Broker Craig Taffel Pays $180,000 Civil Monetary Penalty to Settle Charges that He Acted as an Unregistered Futures Commission Merchant

> CFTC release 6099-11 · 2011-08-26 · **Settlement** · ENFORCEMENT

## Key facts

- **Release number:** 6099-11
- **Release date:** 2011-08-26
- **Type:** Settlement
- **Title:** Chicago-Based Floor Broker Craig Taffel Pays $180,000 Civil Monetary Penalty to Settle Charges that He Acted as an Unregistered Futures Commission Merchant
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6099-11

## 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 6099-11, "Chicago-Based Floor Broker Craig Taffel Pays $180,000 Civil Monetary Penalty to Settle Charges that He Acted as an Unregistered Futures Commission Merchant", 2011-08-26. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/cftc-action/6099-11.

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