Federal Court Orders Former Citigroup Director, John Aaron Brooks, to Pay $500,000 for Defrauding Two Citigroup Companies by Mismarking and Inflating the Value of His Position in Ethanol Futures to Conceal His Trading Losses Other enforcement

CFTC release 6970-14 · 2014-08-05 · view on cftc.gov ↗

Key facts

Release number: 6970-14
Release date: 2014-08-05
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6970-14

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.