Federal Court in Illinois Orders Trading Point of Financial Instruments Ltd. to Pay $140,000 Penalty for Acting as Unregistered Retail Forex Dealer Other enforcement

CFTC release 6248-12 · 2012-05-02 · view on cftc.gov ↗

Key facts

Release number: 6248-12
Release date: 2012-05-02
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6248-12

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.