Federal Court in New York Imposes a $1 Million Fine and other Sanctions against Kevin Cassidy, Former CEO of Optionable Inc. Other enforcement

CFTC release 6595-13 · 2013-05-31 · view on cftc.gov ↗

Key facts

Release number
6595-13
Release date
2013-05-31
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/6595-13

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.