# CFTC’s Division of Swap Dealer and Intermediary Oversight Issues No-Action Letter Providing Registration Relief to Certain Introducing Brokers and Commodity Trading Advisors Involved in Swaps Activities

> CFTC release 6487-12 · 2012-12-31 · **Registration / supervisory violation** · ENFORCEMENT

## Key facts

- **Release number:** 6487-12
- **Release date:** 2012-12-31
- **Type:** Registration / supervisory violation
- **Title:** CFTC’s Division of Swap Dealer and Intermediary Oversight Issues No-Action Letter Providing Registration Relief to Certain Introducing Brokers and Commodity Trading Advisors Involved in Swaps Activities
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6487-12

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 6487-12, "CFTC’s Division of Swap Dealer and Intermediary Oversight Issues No-Action Letter Providing Registration Relief to Certain Introducing Brokers and Commodity Trading Advisors Involved in Swaps Activities", 2012-12-31. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/cftc-action/6487-12.

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