CFTC Charges Four Florida-based Precious Metals Firms and Three Individuals for Engaging in Illegal Retail Off-Exchange Transactions in Precious Metals Other enforcement

CFTC release 6503-13 · 2013-01-29 · view on cftc.gov ↗

Key facts

Release number: 6503-13
Release date: 2013-01-29
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6503-13

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.