CFTC Charges Dallas-based Steven Lyn Scott with Solicitation Fraud, Misappropriation, and Registration Violations in Connection with a Forex Commodity Pool Scheme Fraud

CFTC release 6885-14 · 2014-03-21 · view on cftc.gov ↗

Key facts

Release number: 6885-14
Release date: 2014-03-21
Type: Fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6885-14

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.