CFTC Files Complaint Against Peregrine Financial Group, Inc. and Russell R. Wasendorf, Sr. Alleging Fraud, Misappropriation of Customer Funds, Violation of Customer Fund Segregation Laws, and Making False Statements Fraud

CFTC release 6300-12 · 2012-07-11 · view on cftc.gov ↗

Key facts

Release number: 6300-12
Release date: 2012-07-11
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6300-12

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.