Federal Court in Florida Imposes $350,000 Penalty against GlobeFX Club, Inc. and Jeremy Munson Globe for Making False Statements to the National Futures Association Other enforcement

CFTC release 6376-12 · 2012-10-05 · view on cftc.gov ↗

Key facts

Release number: 6376-12
Release date: 2012-10-05
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6376-12

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.