CFTC Orders President of a Russian Bank, Artem Obolensky, to Pay $250,000 Penalty to Settle Charges of Making False Statements to the CFTC During an Investigation Settlement

CFTC release 6815-14 · 2014-01-03 · view on cftc.gov ↗

Key facts

Release number: 6815-14
Release date: 2014-01-03
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6815-14

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.