CFTC Charges Mississippi Residents Gary and Bradley Futch and Their Company, Tradewind Investments, LLC, with Commodity Options Fraud Fraud

Key facts

Release number

6149-11

Release date

2011-12-01

Type

Fraud

Primary source

https://www.cftc.gov/PressRoom/PressReleases/6149-11

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.