CFTC Orders Newedge USA, LLC, a Registered Futures Commission Merchant, to Pay $700,000 for Submitting Inaccurate Large Trader Reports to the CFTC and for Violating a Prior CFTC Order Other enforcement

CFTC release 6167-12 · 2012-01-10 · view on cftc.gov ↗

Key facts

Release number: 6167-12
Release date: 2012-01-10
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6167-12

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.