CFTC Orders Former CBOT Floor Broker Kent Woods to Pay $200,000 Penalty and Charges Introducing Broker Futures International LLC and Chief Operating Officer Amadeo Cerrone with Trade Practice Violations and Supervision Failures Other enforcement

CFTC release 7034-14 · 2014-10-10 · view on cftc.gov ↗

Key facts

Release number: 7034-14
Release date: 2014-10-10
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7034-14

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.