CFTC Staff Issues No-Action Letter for Commodity Pool Operators of Commodity Pools that are not Registered Investment Companies with Wholly-Owned Trading Subsidiaries Commodity pool fraud

CFTC release 6988-14 · 2014-09-09 · view on cftc.gov ↗

Key facts

Release number: 6988-14
Release date: 2014-09-09
Type: Commodity pool fraud
Primary source: https://www.cftc.gov/PressRoom/PressReleases/6988-14

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.