CFTC Charges Ethanol Trader John Aaron Brooks with Fraud for Scheming to Conceal Trading Losses Fraud

CFTC release 6716-13 · 2013-09-28 · view on cftc.gov ↗

Key facts

Release number
6716-13
Release date
2013-09-28
Type
Fraud
Primary source
https://www.cftc.gov/PressRoom/PressReleases/6716-13

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.