CFTC Charges IAG Capital Management, LLC and William Patrick Kelly, of Conn., with Commodity Pool Fraud, Commingling Pool Funds, and Making False Statements to the NFA Fraud

CFTC release 6193-12 · 2012-02-29 · view on cftc.gov ↗

Key facts

Release number: 6193-12
Release date: 2012-02-29
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6193-12

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.