Federal Court Orders Illinois Resident Brant L. Rushton and his Company, Summit Trading & Capital LLC, to Pay over $4.8 Million for Fraud and other Violations in Commodity Pool Scheme Fraud

CFTC release 6556-13 · 2013-04-06 · view on cftc.gov ↗

Key facts

Release number: 6556-13
Release date: 2013-04-06
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6556-13

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.