Federal Court in Illinois Orders Michael Peskin to Pay More Than $480,000 and Imposes Other Sanctions to Settle Charges that Peskin Violated A Permanent Trading Ban Settlement

CFTC release 6652-13 · 2013-07-26 · view on cftc.gov ↗

Key facts

Release number: 6652-13
Release date: 2013-07-26
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6652-13

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.