Federal Court in Illinois Orders Chicago-based Introducing Broker New World Holdings, LLC to Pay $50,000 to Settle Record-Keeping Violation Action Settlement

CFTC release 6825-14 · 2014-01-15 · view on cftc.gov ↗

Key facts

Release number: 6825-14
Release date: 2014-01-15
Type: Settlement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6825-14

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.