Federal Court in Illinois Orders Former Futures Trader David Sklena to Pay over $6.6 Million for Cheating Customers Other enforcement

CFTC release 6189-12 · 2012-02-28 · view on cftc.gov ↗

Key facts

Release number
6189-12
Release date
2012-02-28
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/6189-12

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.