CFTC Orders Fan Zhang to Pay $250,000 for Engaging in Fictitious Sales and Noncompetitive, Prearranged Trades on CME and CBOT Other enforcement

CFTC release 7019-14 · 2014-09-30 · view on cftc.gov ↗

Key facts

Release number
7019-14
Release date
2014-09-30
Type
Other enforcement
Primary source
https://www.cftc.gov/PressRoom/PressReleases/7019-14

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.