Federal Court in California Orders James D. Crombie to Pay over $1.5 Million for Misrepresentations to the National Futures Association and for Solicitation Fraud Fraud

CFTC release 6784-13 · 2013-11-28 · view on cftc.gov ↗

Key facts

Release number: 6784-13
Release date: 2013-11-28
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6784-13

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.