Federal Court in Illinois Orders Defendants Richard C. Regan and Pro Trading Course, LLC to Pay More than $600,000 in Restitution and Civil Monetary Penalties to Settle CFTC Anti-Fraud Action Fraud

CFTC release 6280-12 · 2012-06-15 · view on cftc.gov ↗

Key facts

Release number: 6280-12
Release date: 2012-06-15
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6280-12

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.