CFTC Files Enforcement Actions against International Commodity Advisors, ProfitStars Int’l Corp., and Paragon FX Enterprises, Alleging Violations of the Commodity Exchange Act and Forex Regulations Other enforcement

CFTC release 6141-11 · 2011-11-17 · view on cftc.gov ↗

Key facts

Release number: 6141-11
Release date: 2011-11-17
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6141-11

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.