# CFTC Orders New York Resident Jacob N. Stein to Pay More than $344,000 in Restitution and Civil Monetary Penalty for Commodity Pool Fraud and Misappropriation

> CFTC release 6975-14 · 2014-08-12 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 6975-14
- **Release date:** 2014-08-12
- **Type:** Fraud
- **Title:** CFTC Orders New York Resident Jacob N. Stein to Pay More than $344,000 in Restitution and Civil Monetary Penalty for Commodity Pool Fraud and Misappropriation
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/6975-14

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 6975-14, "CFTC Orders New York Resident Jacob N. Stein to Pay More than $344,000 in Restitution and Civil Monetary Penalty for Commodity Pool Fraud and Misappropriation", 2014-08-12. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/cftc-action/6975-14.

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