CFTC Orders China-based Weidong Ge and Sheenson Investments, Ltd. to Pay $1.5 Million in Monetary Sanctions for Violating Speculative Position Limits in Cotton And Soybean Futures Other enforcement

CFTC release 6364-12 · 2012-09-26 · view on cftc.gov ↗

Key facts

Release number: 6364-12
Release date: 2012-09-26
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6364-12

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.