CFTC Orders Foremost Trading LLC, an Introducing Broker, to Pay $400,000 for Supervision Violations Other enforcement

Key facts

Release number

6700-13

Release date

2013-09-21

Type

Other enforcement

Primary source

https://www.cftc.gov/PressRoom/PressReleases/6700-13

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.