CFTC Orders Florida Resident Isaac Grossman and His Company, London Metals Market LLC, to Pay over $121,000 in Restitution for Illegal, Off-Exchange Precious Metals Transactions Other enforcement

CFTC release 6680-13 · 2013-09-05 · view on cftc.gov ↗

Key facts

Release number: 6680-13
Release date: 2013-09-05
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6680-13

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.