CFTC Orders Florida Company Newbridge Metals, LLC to Pay over $1.5 Million in Restitution for Illegal, Off-Exchange Precious Metals Transactions Other enforcement

CFTC release 6705-13 · 2013-09-25 · view on cftc.gov ↗

Key facts

Release number: 6705-13
Release date: 2013-09-25
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6705-13

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.