Federal Court in Illinois Orders City Credit Capital, (UK) Ltd. to Pay $140,000 Civil Monetary Penalty for Acting as Unregistered Retail Forex Dealer Other enforcement

CFTC release 6202-12 · 2012-03-13 · view on cftc.gov ↗

Key facts

Release number: 6202-12
Release date: 2012-03-13
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6202-12

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.