CFTC Orders MB Trading Futures Inc., a Registered Retail Foreign Exchange Dealer, to Pay $200,000 Penalty to Settle Charges of Violating Minimal Financial Requirement Rules Settlement

CFTC release 6588-13 · 2013-05-15 · view on cftc.gov ↗

Key facts

Release number: 6588-13
Release date: 2013-05-15
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6588-13

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.